Customize your Chart of Accounts in QBO - Best Practices from a CFO

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  • Опубликовано: 26 ноя 2024

Комментарии • 203

  • @mariatlopezleguizamo6483
    @mariatlopezleguizamo6483 Год назад +19

    Thank you for the inspiration you have given me. I am a 62-year-old woman looking to change careers. Accounting it is! Thank you! Thank you! Thank you!

    • @ClaraCFO
      @ClaraCFO  Год назад +2

      You can do it!

    • @zoilovaldez
      @zoilovaldez 19 дней назад +1

      Hi Maria; Congrats for your decision on choosing the endeavor of a new career in accounting. I'm accountant with more than 30 years experience. If you need some assistance , or have any doubt, just reach out to me. I will be pleased to contribute.

  • @frankhough1009
    @frankhough1009 Год назад +5

    Hey I just wanted to say thank you so much for this and for linking to your free chart of accounts. Using that to adjust my quickbooks accounts has been the most helpful thing I've ever done accounting wise. Thank You!!

  • @tonysherman1881
    @tonysherman1881 6 дней назад

    Thanks for explaining this in a way that is easier to understand and thanks for the COA sheet. Much appreciated!

  • @silvervixen8270
    @silvervixen8270 Год назад +3

    Just signed up for QBO using your website! Thank you for sharing your knowledge with us. Much appreciated.

    • @ClaraCFO
      @ClaraCFO  Год назад

      Thanks for using the link! Check out this playlist for more videos to help support you in using QBO: ruclips.net/p/PLUcXTCG4ArAlATaIlyGPM94PEs_icwSFb

  • @GenealogyTV
    @GenealogyTV Год назад +4

    Thanks! As a fellow RUclipsr, I appreciate you sharing your knowledge. I'm just coming back to Quick Books after years of doing it manually. I had been a QB user back when it was software you purchased. I quit then because their support was horrible. Yesterday, I signed up for QBO and have had a great experience. Their support now is awesome. What a difference. I'm learning a lot from you... just wanted to say thanks. Now on to cleaning up my chart of accounts. :)

    • @ClaraCFO
      @ClaraCFO  Год назад

      Thank you so much for your support! Love what you are doing on your channel too! QB support has been my major complaint about them in the past - I am SOOO happy to hear that your experience has been better!

  • @SteveDavies-m6c
    @SteveDavies-m6c Год назад +4

    Thanks a lot, Clara! Some of the instructions I've received in the past (from others) don't use the account numbering system and some do. You do a great job in explaining it all. You seems like an excellent teacher and you are very clear. Thanks again!

  • @agulhacapoeira2848
    @agulhacapoeira2848 Месяц назад +1

    Thank you! Finally something made sense for me

  • @gleidismazo3426
    @gleidismazo3426 Год назад +2

    Wonderful Clara!!!😊

  • @emilyfisher9649
    @emilyfisher9649 8 месяцев назад

    Clear and accessible explanations, thank you so much.

  • @jenyarose4411
    @jenyarose4411 Год назад +3

    Clara, thank you so much for this video! I've been searching for a way to standardize the numbering of my chart of accounts forever and this template that you give out is the best thing that ever happened! Thank you so much!

    • @ClaraCFO
      @ClaraCFO  Год назад

      wow - so glad I could help!

  • @davidkaiser4803
    @davidkaiser4803 10 месяцев назад +1

    Thanks Clara-I prefer using acct numbering-it does make sure like things are grouped in the COA

  • @SusanBWynn
    @SusanBWynn Год назад +2

    I just started a small business. I have been looking at RUclips videos on QBO. As a non-bookkeeping person there are some BORING videos on QBO. I was so dreading the financial part of the business. Your videos are just what I need. Thank you so much for sharing your knowledge. I had no idea how to set up the chart of accounts. So dreading how to even start. Thank you for sharing the Excel sheet to get me started. If I had not already signed up for QBO I would have used your affiliate link. Being a non-bookeeping person I can't absorb stuff on accounting that is more than an hour. Thanks for keeping them short and sweet.

    • @ClaraCFO
      @ClaraCFO  Год назад +1

      Thanks for watching! I try to explain things in plain english instead of accountant-ese. Glad it could help!

    • @ccafKhmer
      @ccafKhmer 2 месяца назад

      I just trained a CFO of an organization in Nepal how to operate the QB online plus. It is not difficult if people has accounting background.

  • @michelehardy1018
    @michelehardy1018 Год назад +3

    Thank you very helpful and the copy of the chart of account is great.

    • @ClaraCFO
      @ClaraCFO  Год назад +1

      So glad it was helpful!

  • @meghangray1060
    @meghangray1060 2 месяца назад

    This is by far, the most helpful video that I've seen for Chart of Accounts. Also, thank you for the free download!

    • @ClaraCFO
      @ClaraCFO  2 месяца назад +1

      So glad it is helpful! A good chart of accounts makes me smile :D

  • @liedobacelar6685
    @liedobacelar6685 6 месяцев назад

    Thank you very much, Clara! Your content is very important to me. I'm a Brazilian accountant who's trying not to give up on accounting. I'm looking more and more into bookkeeping.

  • @leannecyr7149
    @leannecyr7149 7 месяцев назад +1

    Thanks so much! This was so helpful! Love your videos!

    • @ClaraCFO
      @ClaraCFO  7 месяцев назад

      You are so welcome! Thanks for watching!

  • @davidbernstein3406
    @davidbernstein3406 2 года назад +4

    Thanks for the information in this video, and also the free download! Would you consider doing QBO videos specifically for non-profits, such as a church? Thanks!

  • @julielee3732
    @julielee3732 2 месяца назад

    Thank you so much! I have the download! This will be a great resource in getting started as this is all NEW to me!!

  • @sewingseeds.
    @sewingseeds. 10 месяцев назад +1

    Thank you! Fantastic resource and very easy to understand. 💕

    • @ClaraCFO
      @ClaraCFO  10 месяцев назад +1

      Glad it was helpful!

  • @lakramonwilkins5431
    @lakramonwilkins5431 19 дней назад

    Thank you Clara. You are amazing!

  • @gaylesprague7555
    @gaylesprague7555 Год назад +2

    I am a Real Estate Broker I am having a hard time setting up my expenses under subcatagories.
    This his helping.

  • @admiralkidd
    @admiralkidd Год назад +1

    I signed on to your website but was unable to download the free chart of accounts. Why?

  • @MoniqueJohnson
    @MoniqueJohnson Год назад +2

    Thank you soo much for this video! It was sooo helpful! I have a question. For the Chart of Accounts Spreadsheet, how do we get in the numbers into QBO? Is this something that is manual or is there a way to upload directly to once you have completed customizing it? Thanks so much!

  • @danilsopaulino3891
    @danilsopaulino3891 10 месяцев назад

    Excellent video Clara. is helping me a lot. Thanks

  • @memelianr
    @memelianr 6 месяцев назад +1

    Hello Clara:
    In case you already have a Chart of Accounts for years (have its have balances in BS) and you want to update with a new Chart of accounts,
    For example, a Franchise that wants to do it the same for all of them, can I import? Is there a way? or you have to change it one by one,
    Is there any video of yours that explains it?
    Thank you for everything, you help a lot by transmitting your knowledge.
    thank you very much!!! Manuel Melian

  • @LeadGuitarWorkshop
    @LeadGuitarWorkshop Год назад +1

    This was so helpful, thank you very much

    • @ClaraCFO
      @ClaraCFO  Год назад

      Glad it was helpful!

  • @AngelinaShaw-e1x
    @AngelinaShaw-e1x Год назад

    Great video on how to properly set up chart of accounts. My question is that if a company started using chart of accounts without the account numbers, once updated with numbers, will the number automatically show on the P&L and Balance sheet as well as journals? Thank you

  • @LotusLegalServices
    @LotusLegalServices 7 месяцев назад

    Hi Clara! Thank you so much for your videos! They have been great help doing my own accounting for my business. What do you suggest (chart of accounts) on monthly car payments? TIA

  • @sauboonsoaps
    @sauboonsoaps 6 месяцев назад

    Thank you for this video. I'm interested in learning how to customize chart of accounts for a non-profit organization. Do you have a tutorial on that?

  • @mrs.farley2390
    @mrs.farley2390 Год назад +1

    Thank you so much for this information. Very helpful.

    • @ClaraCFO
      @ClaraCFO  Год назад

      So glad! Thanks for watching!

  • @niajeannine
    @niajeannine Год назад

    Love the resource! love your website! enjoyed this video! got my copy of the COA. thank you for sharing❤🦋

    • @ClaraCFO
      @ClaraCFO  Год назад

      Yay! Thank you, so glad I could help!

  • @StephaniesKitchen
    @StephaniesKitchen 5 месяцев назад

    Thank you again. Absolutely helpful, and similar to what I was doing. Beautiful!!

  • @francescareyes1984
    @francescareyes1984 Год назад +1

    Hi Hanna can you please type in the link where we can download the chart of accounts that you had discussed. Thanks

    • @ClaraCFO
      @ClaraCFO  Год назад

      Here you go!
      learn.claracfo.com/example-chart-of-accounts

  • @sandyphillips5254
    @sandyphillips5254 4 месяца назад

    This is soooo helpful. Thank you!

  • @Miriam-jy7tgz
    @Miriam-jy7tgz 8 месяцев назад

    You did it again!!! Clara this is another great video. Thank you for your help, I appreciate it very much, and I wonder if you have any videos for chargebacks I am not sure if they are treated as credits, I am not sure. Could you please upload something like that?

  • @ruwinkle
    @ruwinkle Месяц назад

    Hi Clara, love your videos, very useful! The link in the description did not offer the free COA's though (I'm sure I'm late to the party...)

  • @SavantStudio
    @SavantStudio 7 месяцев назад +1

    very helpful!! Thank you so much!! Quick question: what is the best way to categorize an Owner's Distribution?

    • @ClaraCFO
      @ClaraCFO  7 месяцев назад +1

      owner's distributions are an equity account - this comment inspired my next video - coming out this week!

    • @SavantStudio
      @SavantStudio 7 месяцев назад

      @@ClaraCFO awesome! Looking forward to seeing it.

  • @humphreychinyanta9251
    @humphreychinyanta9251 7 месяцев назад +1

    Thanks a lot . I really needed this.

    • @ClaraCFO
      @ClaraCFO  7 месяцев назад

      Awesome! Glad it helped!

  • @theresanewmannewman5158
    @theresanewmannewman5158 2 года назад +1

    New to quick books. So I’m still in the process of setting things up. My question is I need to add my workman’s comp insurance information. But I haven’t found where I can add that info just how I can purchase it. Any help would be greatly appreciated!

  • @danielgrimgoodstufftonics8108
    @danielgrimgoodstufftonics8108 11 месяцев назад

    Thanks Clara. Appreciate you!

  • @GK-bt6dn
    @GK-bt6dn Год назад

    Could you please explain, is there a difference in how the Accountant QuickBooks interface looks and how it looks "regular" ? As I understand, in all your videos, you are showing when a business is doing its own bookkeeping? Thank you.

  • @rjp100
    @rjp100 11 месяцев назад

    Great for initial set-up but how do you change the order of things in the COA for an "existing" business?

  • @mariselatamayo594
    @mariselatamayo594 Год назад

    I want to learn a little more to be able to do my own accounting and be organized you explain the way I can understand but now sure how to start

  • @skorm22
    @skorm22 Год назад

    Great video, thanks for posting this information. The detail types that are already in the chart of accounts don't really fit what I am needing for the agriculture business I have, is there a way to edit the pre-existing ones or add my own?

  • @ericbernecker1944
    @ericbernecker1944 Год назад +3

    This is great information Hannah!!! Do you recommend each product be a different line-item number? also as an accountant/bookkeeper to put the services you offer as a sale of product or service/fee in the detail type? Thank you for all your knowledge.

    • @ClaraCFO
      @ClaraCFO  Год назад +2

      Hi Eric, No, I would not put a separate revenue line item for each product. Instead, I would match your individual products to revenue lines that match to product lines. I did a video on that here: ruclips.net/video/wzk-BNvKqSw/видео.html. I usually match service revenue to the service/fee detail type, but it really doesn't matter!

    • @ericbernecker1944
      @ericbernecker1944 Год назад

      @@ClaraCFO Awesome Thank you so much for the info.

  • @alexzandriaprack7856
    @alexzandriaprack7856 Год назад +1

    You have been so helpful. Thank you so much for all the information

    • @ClaraCFO
      @ClaraCFO  Год назад

      You are so welcome, happy to help! Thanks for watching!

  • @contextmatters8243
    @contextmatters8243 8 месяцев назад

    Timely video as I started to think about this in QBO. 😉
    The one thing I couldn't find is how to manage/maintain "Detail Type"..
    Thoughts? 🤔

  • @BryanBarteau
    @BryanBarteau Год назад +1

    Thanks from a newbee!

    • @ClaraCFO
      @ClaraCFO  Год назад

      Newbies welcomed here!

  • @tati2084
    @tati2084 Год назад

    HI Clara, how do you categorize if you provide water and ice or soft drink for employees (landscape) or sometimes meals when the job is far away?

  • @Erin-sp1lm
    @Erin-sp1lm 10 месяцев назад

    Question: revamping my COA's will this affect my previous year books. I have been using QB's for a few years and would like to Move some expenses to COGS and correct some tax lines. Thanks for the video!!

  • @macedo99
    @macedo99 Год назад

    Hello, Thank you so much for this video. Any chance you have a video for setting up a chart of account for a Mental Health Private practice?

  • @nicholasiezzi9790
    @nicholasiezzi9790 Год назад +1

    I wish my school taught this in accounting. But my HR said Quickbooks really needs to be accounting. It's more just keeping data.

    • @ClaraCFO
      @ClaraCFO  Год назад

      I agree - See my comment on your other comment!

  • @AquafixBasementWaterproofing
    @AquafixBasementWaterproofing Год назад +1

    Hi Clara, can you please me understand the payroll tax accounts. What is the difference between the liability and expense accounts and which should I be using when setting up the tax, cpp and Ei.

    • @skydancer15
      @skydancer15 Год назад

      You probably have this figured out by now since your question is 3 months old. But I see a lot of people ask about payroll tax liabilities and expenses. Payroll tax liabilities are created when you run payroll and the amounts are withheld from employees’ gross wages. They will accrue in the Liabilities accounts until it is time to pay them. For example, an employee’s total pay is $100 but they only get $69 in their check. The other $31 will be in LIABILITY accounts (FICA, FUTA, SUTA, Federal and State Income, etc.) (Maybe also in health premiums payable or 401K payable). THEN…when the time comes to pay them, that is when you zero out the liabilities and they become expenses.

  • @JanisHenry-w6j
    @JanisHenry-w6j Год назад

    How do I get a download of the sample chart of accounts? Thank you video was very helpful.

  • @loriannetenhaaf7792
    @loriannetenhaaf7792 Год назад

    Thank you for this! We are going from an outdated QB desktop that can't be updated for a non profit. We are using labels. Do you have a video for that?

  • @rjeedwards1225
    @rjeedwards1225 Год назад

    Can you start QBO in the middle of the year or first of the year?

  • @TareqalinsafUsedcarstrllc
    @TareqalinsafUsedcarstrllc Год назад

    thank you for your time,It was great!

  • @ChadAmI80
    @ChadAmI80 Год назад

    Do you have any videos on how to setup inventory and COGS? We have a handmade biz and inventory flat out sucks. We have so many bits and bobs that go together to make any one of our final products.

  • @Mrsnavidad
    @Mrsnavidad Год назад +1

    Thank you for the great information Clara. Your content is helping me so much. It is definitely clarifying so many questions and confusion I been having for sometime already. By any chance do you have a video showing what is the task for a bookkeeper, or What will be the most important things to focus on daily basis. I was scrolling down to your videos and didn’t find one, maybe I miss it. Thank you again. 😊

  • @sarab8618
    @sarab8618 Год назад

    Thanks Clara. Question for you - is it really hard to change the standard COA to your format after a few months of categorizing? Wondering how much work /time it will take to number everything and if that means recategorizing?

  • @mariselatamayo594
    @mariselatamayo594 Год назад

    How much is charged to start an account or how many clients can we add to quick books

  • @donnabennett7443
    @donnabennett7443 2 года назад +2

    Thank you. This was very helpful. You mentioned we could use your chart of accounts but I don't see where I can go to download. Can you provide a link?

    • @ClaraCFO
      @ClaraCFO  2 года назад

      Here you go! learn.claracfo.com/example-chart-of-accounts

  • @heatherlambert8231
    @heatherlambert8231 Год назад

    What if you have several different businesses? What is the best way to keep track of them all separately?

  • @adminteam3863
    @adminteam3863 2 года назад +2

    Will you do a video on setting up multiple businesses in QBO?

    • @ClaraCFO
      @ClaraCFO  2 года назад +1

      Not this time since my QBO series is wrapping up. Best practice is to do a separate QB file for each company, but it could be accomplished with some work-arounds.

  • @TravisFX
    @TravisFX Год назад

    Good info. But just saw this. If I make i.e "Sales" a number of i.e. 2000. Then in the P/L the report shows as "2000 Sales"
    Kinda dumb. Why would it incl a category number???!!

  • @margarethcardoza1196
    @margarethcardoza1196 2 года назад +2

    Hi! I would like to know how to change a customer/vendor's credit card information, please.

    • @ClaraCFO
      @ClaraCFO  2 года назад

      You need to go to the customer or vendor section of QBO, find the customer/vendor and then click "edit" this will bring up a way to change a stored payment method.

  • @johnpeterson5354
    @johnpeterson5354 Год назад

    So we use the account numbers to determine the order of accounts on our Balance Sheet. How do I remove the account numbers from my formal report?

  • @angelamorang4482
    @angelamorang4482 2 года назад +1

    Setting up a Chart of Account for a new variety store. need some guidance. thank you

    • @ClaraCFO
      @ClaraCFO  2 года назад

      Hi Angela, you may want to do a consultation with a bookkeeper to help set up a chart of accounts that's customized to your activity in your business. It will be important to think about what type of sales you will have and how you want to track them (do you want to track based on catagory of items?) You will also definitely want to track your cost of goods sold. This might be a helpful video for you as well: ruclips.net/video/g9c16URmMxY/видео.html

  • @craigwhite2376
    @craigwhite2376 2 года назад

    Great day, Clara. I would like to thank you for your great content. My question is, how do you set up a chart of accounts for holding company?

  • @rww4624
    @rww4624 Год назад

    Hi Clara. I really love your videos! I am brand new to QBO and I am trying to start my own bookkeeping business. I'm so confused. What is the fastest way to learn enough to start taking simple service based clients? I am getting overwhelmed with so many words and not actually learning.

  • @stevensteck8749
    @stevensteck8749 Год назад +1

    Clara I'm a new subscriber so add to your 20% : ) The videos I've watched so far have been great! Thank you for doing these. Being a little naive, I'm not seeing where or how I download the excel spreadsheet for chart of accounts?

    • @ClaraCFO
      @ClaraCFO  Год назад

      Thanks! Here you go: learn.claracfo.com/example-chart-of-accounts

  • @rosemarydomik
    @rosemarydomik Год назад +1

    how do I download you example of the chart of accounts thank you

    • @ClaraCFO
      @ClaraCFO  Год назад

      Here you go: claracfo.podia.com/example-chart-of-accounts

  • @JOETERRANY
    @JOETERRANY Год назад

    Would you happen to have some kind of paperwork that lists different chart of accounts in Quickbooks and when to use them? I have no accounting knowledge, and want to make sure I am categorizing all of my transactions in the right places for accurate P&L reports

  • @jonchines
    @jonchines 3 месяца назад +1

    A series on budgeting for non-profits might be cool. When you think about CoA for business, it feels conceptually skewed in the context of NPO.

    • @ClaraCFO
      @ClaraCFO  3 месяца назад

      Thanks for the suggestion, but we don't serve non-profit clients, so we probably aren't the right people to show this!

  • @bajajudy8003
    @bajajudy8003 11 месяцев назад

    Hi. Wondering if I can export all my business charts of accounts and employee info into my employees new company. She is buying my business but needs to have here balances and tax accounts at zero to begin her business. Would be soooo much easier than having to create all new accounts for her QB company. We are still using desktop at this point. Thank you!!!

  • @jemacphee
    @jemacphee Год назад

    Would you follow this same numbering scheme if you wanted departments (eg R&D, Sales, Marketing, G&A etc) thanks. Very helpful video

  • @joelnelson1682
    @joelnelson1682 2 года назад

    Great conversaition, thanks Hannah!

    • @ClaraCFO
      @ClaraCFO  2 года назад

      Thanks for watching!

  • @iceyt3387
    @iceyt3387 Год назад

    Thanks for all the videos you uploaded. I used to use QB daily, but have been out of the workforce for over 10 years and now I'm trying to find an accounting job again by learning a newer version of QBO. I downloaded the chart of accounts and noticed that #8800 Depreciation was under Taxes. Shouldn't it normally be above Taxes? I guess it's just a typo, isn't it?

  • @84GotRotts
    @84GotRotts Год назад

    how did I find you!!! thank you. We're dog breeders, website developers, health care providers but not acountants. I need these skills. Thank you again!

  • @mikefigomike
    @mikefigomike 2 года назад +2

    Hi Clara, Great Video. Thanks for sharing.
    Could you please make a video on Payroll Accounting (Setting up GLs, recording and reconciling Payroll). FYI- we use PayCom for payroll processing. Thank you in advance!

    • @ClaraCFO
      @ClaraCFO  2 года назад

      Great suggestion! I will add that to the list of things to work into the calendar!

  • @Mr1Drahcir1968
    @Mr1Drahcir1968 Год назад

    Clara, I am new to quickbooks and my partner did something I can't figure out how to fix? We have our business checking account and business Amex linked to our quickbooks. The business Amex is in his name and also linked to his personal account. He moved money from the business checking to his personal checking and then paid the credit card from his personal checking account? Now all the credit card payments have a description of mobile thank you and a category of Transfer from uncategorized asset. How do I record these???

  • @JasonMoustakas-f9n
    @JasonMoustakas-f9n 9 месяцев назад

    Hi, I downloaded the COA, is there a reason that account 5300 Sales Discounts is Typed as Income? or is it a mistake. Thank you.

  • @suefly2
    @suefly2 Год назад

    How would I list in the chart of accounts a repayable cash/check loan for funding/expenses from a person or business?

  • @allyson6783
    @allyson6783 Год назад

    Hi, Currently using QB premier, is it possible to run a chart of accounts by date? Thanks

  • @kathyhall3879
    @kathyhall3879 2 года назад +1

    Hi, same comment as Donna Bennett, is the chart of accounts download available? Very helpful video.

    • @ClaraCFO
      @ClaraCFO  2 года назад

      Yes! It's here: claracfo.podia.com/example-chart-of-accounts

  • @lisacorey1383
    @lisacorey1383 2 года назад

    I added and categorized some of my matches so I do have duplicates which I know will mess up my P&L can I delete one and would I do it from register. Thank You so much

  • @stoneyj1a1
    @stoneyj1a1 6 месяцев назад

    You could explain the fed and monetary system pretty good

  • @ShraddhaTilva
    @ShraddhaTilva Год назад

    Hello there! I'm new to Canada and I've taken some QuickBooks training by watching videos. However, I've noticed that many job positions in bookkeeping require experience, which I don't have. I'm wondering how I can start my career in this field despite my lack of experience. Any advice would be greatly appreciated. Thanks!

  • @stacymccollom5829
    @stacymccollom5829 10 месяцев назад

    Hi Clara! Thank you for your help with Chart of Accounts info. I'm trying to find the free download you offered. I am having no luck. I subscribed and liked your video, but I need to know where that Chart of Account download id.
    Thank You!

  • @MariaMartinez-ns9yi
    @MariaMartinez-ns9yi Год назад

    Where do I get the table?

  • @Faith-ko5eg
    @Faith-ko5eg Год назад +1

    Thank you! You do a great job.

  • @muhammadsibtainarif6423
    @muhammadsibtainarif6423 5 месяцев назад

    Thank you. God Bless.

  • @lsf339
    @lsf339 Год назад +1

    Hi Clara how can we download that excel spreadsheet with the numbered chart of accounts?

    • @ClaraCFO
      @ClaraCFO  Год назад

      If you go to the description box, It is the second link!

  • @larryhuckstep
    @larryhuckstep Год назад

    I have receipts saved from a phone app called Genius Scan - they are a PDF format - can QBO accept PDF copies to track expenses? Or do I need to capture the original receipt in QBO? I am just getting set up with QBO through your discount and need to go back to update everything for taxes for 2022. I am an insurance agent so a pretty simple bookkeeping of income and expenses.

  • @amyveldey3759
    @amyveldey3759 2 года назад

    I am a homeowner association. no inventory. monthly dues.... thats our income. do i have to invoice every unit individually monthly to make a deposit?

  • @ccafKhmer
    @ccafKhmer 2 месяца назад

    Hello, some people do not like to use account number, as he/she said it is enough to have the account name. Another thing is to create the account number I need to think what are number that need to be in serie i.e account number 10000 Cash in Bank and Cash on Hand. This is the parent account. When I need to create some sub of this account, i.e Cash in Bank A, so I have to create the sub account number i.e 11000. Is it correct?

  • @SquaredAway-pr5bp
    @SquaredAway-pr5bp Год назад

    Could you offer a alternative download option so that it would be easier to download for people who do not use microsoft office?

  • @privatename012
    @privatename012 Год назад

    I'm helping out an aviation clean his books but it's my first time use qb. Do you think you can help me customize his chart of accounts?

  • @oneloriwayne
    @oneloriwayne Год назад +1

    How would this apply for QBSE? Or is that totally different set up system? Since your example was a landscaper (likely SE), I wondered if same applies to QBSE? Thanks, info was insightful, good to see someone excited about graphs, charts, numbers. :)

    • @ClaraCFO
      @ClaraCFO  Год назад

      I don't work in QBSE at all. I think there's not a lot of customization in that system. Sorry I can't give you a clear answer!
      I'm definitely nerdy about charts/graphs/numbers :D

  • @mario312
    @mario312 Год назад

    Noticed that you you jumped from 1000 to 1100 from cash on hand to bank accounts, is there a reason for that?