Introduction to Accounting and Bookkeeping In Quickbooks

At the heart of the Quickbooks platform are the accounting and bookkeeping features which are all contained in the Chart of Accounts. The Chart of Accounts is the hub of your accounting. It’s the central place where you decide how you organize your transactions. Every account or category you use in QuickBooks for every transaction comes from the Chart of Accounts. Let’s go over the Chart of Accounts, how it helps you organize your business, and how it affects your financial statements.