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September 2, 2019
Question

Hi there, I'm new to QB and also a relatively new Plc. I always assumed Lunch/sustenance was different from entertaining. is this not the case?thank you in advance

  • September 2, 2019
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1 reply

September 2, 2019

Hey toni_udeh,

 

 

Thanks for you post and welcome to the QuickBooks Online Community!

 

These are default accounts created by QuickBooks - you can choose which to use or create custom accounts by going to Chart of Accounts > New. The main factors affecting the accounting and reporting is the type and detail type of account - as long as you know which account to put transactions to the name as it appears on the chart of account does not affect the accounting.