How to organize your chart of accounts | Run your business

A chart of accounts is a list of the account numbers and names relevant to your company. In this video, Astrid Daniela Galvez (QuickBooks ProAdvisor and Tax Specialist) clarifies the 4 primary groups in a standard chart of accounts (Asset, Liability, Income, and Expense) and provides some helpful tips in organizing them to make your small business’ financial information easier to access.

00:00 - Introduction
01:31 - What is the chart of accounts?
02:06 - Asset accounts
02:44 - Liability accounts
03:12 - Income and expense accounts
04:13 - Tips for setting up your chart of accounts

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[salomesalo]

I am 27 years old. I’m taking BUSINESS OFFICE ADMINISTRATION courses and I absolutely know NOTHING about business. This was very helpful. Thank you❤ and wish me luck😊

[viralvideosandfunnyk]

You assured at the beginning of the video that upon watching the entire presentation, I would be capable of handling charts of accounts. However, the content diverged significantly from my expectations. When creating tutorial videos for learners, kindly incorporate practical exercises to enhance our understanding of your lectures in a more professional manner. Thank you.

[aardvarkhomes]

Would be much better if there was no background music playing.

[DeannaSidley-ve]

How do I begin? I've been paying for QB for 6 months and when I get to set up my Chart of Accounts or to create an invoice I get overwhelmed. I am a travel agency and I accept credit card payments on behalf of tour companies - that money does not hit my account - only commission hits my account. Where do I begin?

[priscillaresendez]

We use square and the savings account within square. First do you have a video breaking it down on how to use quickbooks online integrated with square? Two..the savings folders I have in square, should I add them in the chart of accounts in QB online?

[cyrusdowlatshahi]

So cheesy... but so good. It's accounting, so yes, I appreciate the surfing sounds 🤟

[juliajulietrites]

The background music is totally annoying and totally unnecessary

[margaretmitchell]

Easy to follow information. Great video except for one thing: that sound effect, when you had a pop up or some such thing that you were emphasizing on the screen. It was VERY unpleasantly distracting and annoying -- fingernails on a chalkboard annoying, to me. I had a visceral reaction and involuntarily flinched every time I heard that noise. It set my teeth on edge and was almost physically painful to listen to.
Thank you for the information. I hope you mute that awful sound effect in future videos so I can continue to watch your videos.

[davidnormal]

This is Pop Art. It's like watching an Andy Warhol movie except not as boring.

[harperji]

Didn't present anything useful. This is not a tutorial video but a vogue Q&A for this lady.

[單海苔]

not sure these are helpful for my study

[DavidEdwards-op]

you would do better if you would stop wasting my time and focus on what you are trying to teach.

[rowanwood]

i dislike waiting 60 seconds to get any kind of information whatsoever. waste of time.