As we saw in Chapter 1, Getting Started with QuickBooks Online, the chart of accounts is a list of accounts that is used to categorize your day-to-day business transactions. It is the backbone of every accounting system, and if it is not set up properly, it can result in inaccurate financial statements. One of the benefits of using QuickBooks is that you don't have to create the chart of accounts from scratch. Based on the industry that you selected when you created your QBO account, QuickBooks will include a preset chart of accounts list. You can customize the chart of accounts by adding, editing, or deleting accounts to fit your business needs. In this section, we will show you how to add, edit, and delete accounts on the chart of accounts list.
Germany
Slovakia
Canada
Brazil
Singapore
Hungary
Philippines
Mexico
Thailand
Ukraine
Luxembourg
Estonia
Lithuania
Norway
Chile
United States
Great Britain
India
Spain
South Korea
Ecuador
Colombia
Taiwan
Switzerland
Indonesia
Cyprus
Denmark
Finland
Poland
Malta
Czechia
New Zealand
Austria
Turkey
France
Sweden
Italy
Egypt
Belgium
Portugal
Slovenia
Ireland
Romania
Greece
Argentina
Malaysia
South Africa
Netherlands
Bulgaria
Latvia
Australia
Japan
Russia