QuickBooks Online 2024: Chart of Accounts (1 hour full tutorial)

You can take my full 4-hour course in LinkedIn Learning with a 30-day free trial:

Other Videos:

Official QuickBooks Online 2024 Tutorials Playlist:

Table of Contents:
00:00 Intro
01:05 Balance Sheet Accounts & Beg. Balances
28:06 Profit & Loss Accounts
33:22 Mapping Products & Services to Accounts
41:00 Deleted Accounts
44:12 Create Sub-Accounts
48:41 NEW ACCOUNTS Chart of Accounts Experience
42:37 Account Numbers
58:07 Outro

My ultimate chart of accounts (with sample download):

[grilledpikachu]

Can you share the list of default QBO accounts with us?

[PlanningwithGlenna]

This was extremely helpful! Thank you. I have used QB desktop for years but am switching over to online and starting over for several reasons. You have saved me so much time! I know I will be watching your other videos.

[SP-mgli]

Great information! Thank you for taking the time to have these Master-Classes! Really helpful!

[tpcgcie]

Thank you HECTOR!!! You have saved me time and frustration 🎉

[wlfwlker]

Great information and easy to follow. I will watch for awhile and possibly join your group. Thanks Rick🙂

[miguelescobar]

Este es el curso que tanto estaba buscando!!! execelente metodología Hector, saludos.

[barakatbasma]

Amazing: thank you so much you answered most of the points that I wanted to research, especially the Opening Balance Equity

[yshangot]

This one is really helpful ! Thanks a lot Hector !

[ejpzzdi]

hi hector.. Loved the way u explained each and everything..

[karenmaeabao]

You saved me Hector, thank you so much.

[EmperorThePro]

Just received my ProAdvisor certification today, but watching your videos i feel like theres a long way to go before I master QBOA. Here's to a commitment to finish all your 2024 Playlist!

[Shine-meiy]

This is helpful! Hope you could also explain the difference between P&L accounts and Balance Sheet accounts. Thank you so much.

[mariafep.gatela]

Thank you, well explained and easy to understand.

[EdgarUSA]

Thank you Hector. Super important information

[kuldeepdadhich]

Fantastic Knowledge Thanks for this wonderful class

[guiaobed]

I am watching all your videos and I am learning a lot. Thank you so much! :) My question is what if the OBE amount is negative?

[marinamanan]

Thank you Hector, I enjoyed your videos🥰🥰

[andyfaulkner_GLTS]

Thank you for a very informaative video. May be you can help with a question. In my old quickbooks desktop I was able to apply a discount in line item for an individual produt or a subtotal but in quickbooks online it will not do a percentage rate only a fixed price which does not change if you edit the quantity of items.

[KingTV]

It wasn't helpful but superbly helpful. Much Appreciate!

[thamaramartino]

Saludos Hector, gracias por tus videos son de mucha ayuda, siempre los veo cuando tengo dudas, queria consultarte si las 1099's se pueden corregir en Quickbooks online? Gracias de antemano por tu atencion.