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Chart Of Accounts

What is a Chart of Accounts?

 

 QuickBooks chart of accounts is a complete list of a company's accounts and their balances. Use it to track how much money your company has, how much money it owes, how much money is coming in, and how much is going out. When you created your QuickBooks company file, QuickBooks set up a chart of accounts for the company. The accounts that appear on the balance sheet are called "balance sheet accounts." Other accounts track particular kinds of expenses or income.