QuickBooks Tutorial 1-1: Use the Chart of Accounts

Step 1: Open Your Chart of Accounts
Choose Lists | Chart of Accounts, or press Ctrl + a to open your account list. Move the Chart of Accounts list to any location on your screen by placing your mouse pointer in the title bar of the Chart of Accounts window and dragging.

Step 2: Resize Chart of Accounts Window
You can resize the list if you want to see more accounts, by placing your mouse pointer on the edge of the list (your mouse pointer will look like a double-sided arrow) and dragging.

Step 3: Reorder Accounts on Chart of Accounts List
Change the order of accounts by placing your mouse pointer at the left side of the account you want to move. Your mouse pointer will look like a black cross with arrows on the points. Drag the account to a new location.

Step 4: Change Hierarchy of Accounts
Make an account a sub-account by dragging an account to it is indented beneath another account. This will enable you to produce financial statements in which the information from the second level, or sub-account, is summarized in the first level, or master account.

Step 5: Close Chart of Accounts
Close the Chart of Accounts window by clicking the "x" in the upper right corner of the window, or by pressing the ESC key on your keyboard.


Already a member? log in here.

Upcoming CPE Webinars

Sep 18
In this course, Amber Setter will shine the light on different types of leadership behavior- an integral part of everyone's career.
Sep 24
In this jam-packed presentation Excel expert David Ringstrom, CPA will give you a crash-course in creating spreadsheet-based dashboards. A dashboard condenses large amounts of data into a compact space, yet enables the end user to easily drill down into details when warranted.
Sep 30
This webcast will include discussions of important issues in SSARS No. 19 and the current status of proposed changes by the Accounting and Review Services Committee in these statements.
Oct 23
Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.