chart of accounts

Adding a new service item to your company is a breeze, @Eve2019. I would be more than happy to walk you through the necessary steps.

The account for your new service item [Folding & Bagging] will vary based on your company setup. It's a good idea to consult with your accountant to make sure you're using the right account type for this item.

Furthermore, the process of adding a new service item and account is distinct. Initially, you need to create an account and then subsequently assign it to the item.

When you're all set, here's the step-by-step guide to adding a new account to your Chart of Accounts:

1. Select the Lists menu and click Chart of Accounts.
2. In the Account drop-down choose the correct account type (this needs your accountant's guidance) and select Continue.
3. Enter the name in the Account Name field and add the other details.
4. Once done, click Save & Close.

To complete the task, create a service item and link it to the account you made earlier. Here's a simple guide on how to do it:

1. Click the Lists menu and select Item List.
2. In the Item drop-down, choose New.
3. Select Service under Type, and enter the needed details such as name (example: Folding & Bagging), rate, class, etc.
4. Next, select the account you created earlier in the Account drop-down.
5. When done, click OK. 

For reference, check these articles:

• Add, edit, or delete accounts in QuickBooks Desktop.
• Add, edit, and delete items in QuickBooks Desktop. 

After that, create an invoice and add the service item.

When it's time to record your customer's payments, refer to this guide for the detailed process: Record invoice payments in QuickBooks Online.

I'm here to help with any other questions you have about adding accounts and items to your file. Feel free to leave a reply below. Take care.