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Work smarter and get more done with advanced tools that save you time. Discover QuickBooks Online Advanced.

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MJoy_D
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Welcome and thank you for choosing QuickBooks, @schmidtfs.

 

I can share some information about the chart of accounts in QuickBooks Online (QBO).

 

QBO has already a set of standard accounts. It'll add additional accounts automatically based on the type of business you have.

 

From here, you can add or edit accounts. Just follow the steps below:

 

  1. Go to Gear icon ⚙ and select Chart of Accounts.
  2. Click the New button to create a new account.
  3. In the Account Type ▼ dropdown, choose an account type.
  4. In the Detail Type ▼ dropdown, select the detail type that best fits the transactions you want to track. 
  5. Provide all the necessary information. 
  6. Select Save and Close.

 

To know more about the chart of accounts like adding or editing and then hiding or deleting the account, refer to this article: Learn about the chart of accounts in QuickBooks.

 

If you no longer need the account, you can delete it by making it inactive. However, default or preset accounts can't be deleted. Check this article for more information about deleting an account on your chart of accounts in QuickBooks Online.

 

Here are some video tutorials that can help you get started with QuickBooks Online: Video tutorials for QuickBooks Online.

 

You can always get back to me if you have questions or other concerns about the chart of accounts by leaving a comment below. I'm always here to assist. Have a great rest of the day!

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