How to set up accounts in QuickBooks?

How to set up accounts in QuickBooks?

QuickBooks is one of the best accounting software to track all business accountancy accurately. With QuickBooks accounting software, you can track all business accountancy at any time anywhere. To handle all business operations in a more smart way throughout which you can save your precious time, they always introduce new and advanced features. From all upgraded features “set up an account” is one of the most useful features, with the help of these features, you can track all business accounts to view the economy graph of your business. In this blog, all necessary information is given with complete guidance to set up an account in QuickBooks.

Learn, how to set up accounts in QuickBooks

In QuickBooks, these accounts are set up to track all financial processes such as Asset accounts, liability accounts, expenses accounts, and income accounts. To set up accounts in QuickBooks, the user needs to perform these following steps:

  • The first thing to do to choose the “Settings” option and then click on the “Chart of Accounts”
  • To create a new account, the user needs to click on the “’ New” option
  • Proceed forward and click on the “Account Type” from the drop-down options
  • Then choose the “Detail type” option from the available options that fit exactly as per according to the type of transactions you want to track 
  • After that, give a new name to your account. So you can easily utilize all necessary information under the detail type option 
  • The user gets access to add a description as per you want
  • In any case, if the user wants to add a sub-account then need to enter the parent account first and proceed forward with on-screen instructions
  • And go with “choose” option when the user wants to begin to track all financial details and issues 
  • Then go to the “Balance Field” and enter an accurate amount in the amount and enter data and time as per the requirement, to begin with, the tracking process immediately
  • Wait, until the confirmation will receive on your screen and then click on Save and close

In case of any issue, the user has access to add, delete and edit an account in QuickBooks. To delete an account in QuickBooks, you need to perform these steps

  • Firstly, click on the “Gera icon” and the list of charts of Accounts will display on your screen
  • Then mark your click on that specific amount that you want to delete
  • Then click on “Delete” option from the drop-down options and your selected account will be deleted

To edit an account in QuickBooks, make sure you know about these steps:

  • From the list of “Chart of Accounts” select that particular account, you want to edit some changes
  • Then mark your click on the drop arrow which is just next to the Run report 
  • After following all the above steps, choose the “Edit” option 
  • Make sure that all information related to your selected account will display on your screens such as account description field, account name and all necessary option
  • Then click on that option you want to change as per your according
  • Once you are done with all new changes, then click on close and Save

Get in touch with QuickBooks support team

To know more about “Set up an account” procedure, just dial QuickBooks support helpline number 1800-396-1590 .  While implementing the above procedure, if you need any help feel free to connect with QuickBooks expertise via LIVE CHAT link, the link is given at the right corner of the website . QuickBooks support time 24-hours active to fix your all issues and to resolve your all queries technical as well as functional.

How to set up accounts in QuickBooks?

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