Category: Chart of Accounts (COA)

Where does all the money go?

The chart of accounts is how you know how much money your company has, what it owes, what monies are coming in as well as going out. Conveniently, QuickBooks comes with a chart of account ‘built-in’ in either standard or industry specific accounts. Common things to add to their ‘pre-populated’ list are things like company…

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Chart of Accounts (COA) Set Up / Clean Up

When setting up your Chart of Accounts, some small businesses use their tax form that their accountant will be using to file their taxes as a reference &/or as a guide.  Do seek the help and guidance from your accountant or a professional business / accounting services provider to make sure the Chart of Accounts…

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