Add an account to your chart of accounts in QuickBooks Online (2024)

by Intuit•226• Updated 2 days ago

Learn how to set up and add accounts to your chart of accounts.

The chart of accounts is a list of all of your accounts in QuickBooks. When you create your company file,QuickBooks automatically customizes your chart of accountsbased on your business entity. Keeping your chart of accounts organized helps you when it’s time to file your taxes.

You can add more accounts anytime you need to track other types of transactions. Here's how to add more accounts to your chart of accounts.

For a better experience, open this article in QuickBooks Online. Launch side-by-side view

To watch more how-to videos, visit our video section.

Add a new account

1. Go to Settings ⚙ and select Chart of accounts (Take me there).
2. Select New.
3. Enter an Account name.
4. Select an Account type, and then choose the Detail type from the dropdowns.
   Find out more about account and detail types.
5. If this account is a subaccount, check Make this a subaccount, then choose the Parent account it should be under.
   Find out more about parent accounts and subaccounts.
6. If you choose a Bank, Asset, Credit card, Liabilities, or Equity account, enter Opening Balance, and fill out the starting date in the As of field.
7. (Optional) Add a Description to add extra information about this account.
8. Select Save.

Learn about chart of accounts usage limits

If you see a message about usage limits, you've reached the maximum number of accounts allowed for your current QuickBooks plan. If you have accounts you no longer use, make them inactive so you can add new ones. Learn more about usage limits.