![]() Use Classes and Customer: Jobs in Addition to the Chart. Similar to prioritizing your most important categories, you should also use parent and subaccounts to allow you to see your business’ results in the most useful way.Ĥ. Take Advantage of Parent and Subaccounts. ![]() This would mean that an account with limited annual expense activity, such as “Dues and Subscriptions” would show up near the top of your Income Statement, while a major expense account such as “Salaries” will show up near the bottom.ģ. The default chart of accounts will list your accounts in alphabetical order. The default chart of accounts in QuickBooks will provide you with a canned set of reports based on the industry you choose.Ģ. ![]() 5 Tips to Optimize Your Chart of Accounts in QuickBooks ![]()
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