Get started with chart of accounts

Your chart of accounts provides the destinations used to post, categorize, track, and report business transactions. During onboarding, QuickStart creates mandatory system accounts and can add suggested accounts based on the business details that you provide.

Review the generated account names, numbers, types, and parent relationships before entering transactions. Automated recommendations can be incomplete or unsuitable for your accounting requirements. Add any missing accounts individually or import your chart of accounts from a CSV file. Do not change mandatory system accounts that QuickStart requires for built-in accounting processes.

The list groups accounts by category, including Assets, Liabilities, Equity, Revenue, Expenses, and Non-posting. Expand or collapse a category to show or hide its accounts. Parent accounts can also be expanded to show their children. Searching displays matching accounts and expands their matching groups, even if those groups were previously collapsed.

There are two ways to access your chart of accounts:

You can import your chart of accounts from another system using the File import tool. You’ll need to format the import file so that QuickStart can properly import your accounts. The File import tool includes an example file to help you format your data.

When you create new accounts in QuickStart, you must provide the following:

You can edit an account after it’s been created, but the account type cannot be changed if the account has transactions posted to it.

For a posting account, open its detail page in view mode and select View account balance. This action appears only when you have access to the General ledger report; it is not available for a Non-posting account or while editing. QuickStart opens General ledger filtered to the selected account and This fiscal year to period.

You can delete accounts, but the following accounts can’t be deleted:

Learn more