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June 4, 2025
Question

COA for party planning business

  • June 4, 2025
  • 1 reply
  • 0 views

Hello can anyone please share what the best practice is for creating a chart of accounts for a party planning business that assumes taking deposits upon booking services? Thanks for your assistance!

1 reply

June 4, 2025

Thanks for getting in touch with the Community, Salessio0564.

 

To properly identify how you should be setting up your chart of accounts, I'd recommend working with an accounting professional. If you're in need of one, there's an awesome tool on our website called Find a ProAdvisor. All ProAdvisors listed there are QuickBooks-certified and able to provide helpful insights for driving your business's success.

 

Here's how it works:
 

  1. Go to our Find a ProAdvisor page.
  2. Use the City or ZIP search field to specify a location.
  3. Select Find a ProAdvisor.
  4. Browse through your results and find one that works best for the business. You can click on each ProAdvisor's profile to learn more information about them.

 

Once you've found an accountant, they can be contacted through their Send a message form.

 

I've also included a detailed resource about adding accounts which may come in handy moving forward: Add an account to your chart of accounts

 

Please feel welcome to send a reply if there's any additional questions. Have a great Wednesday!