What type of account to create?

Hello there, 

I'm glad you've taken time out of your busy day to reach out to us here in the Community. I'd be happy to point you in the right direction for support. 

There's a variety of accounts you're able to create in QuickBooks Online.

Here's the type of accounts you may select:

• Accounts receivable 
• Current assets
• Bank
• Property, plant and equipment
• Long-term assets
• Accounts payable 
• Credit card
• Other current liabilities
• Long-term liabilities 
• Equity
• Income 
• Other income 
• Cost of goods sold
• Expenses 
• Other expenses

You'll find these options under the Account Type drop-down when you select New from your Chart of Accounts. The account type to select will depend on the recommendations from your accountant. I want to make sure you have all the information you need in order to create the proper set-up in your QuickBooks Online account. I'm not equipped to answer accounting questions, however the ProAdvisor All Star users here in the Community may be able to offer you some advice.

If you're not currently connected to an accounting professional, QuickBooks can help you do that. Simply click this link to find a ProAdvisor in your area: Find a ProAdvisor. 

I hope this helps point you in the right direction to reach your goal. Feel free to comment below if you have any questions. 

Have a great day!