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December 19, 2023
Question

How do you create an Equity Account in Self-Employed?

  • December 19, 2023
  • 1 reply
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I can't find the "Account Chart" - it's only letting me connect bank accounts and credit card accounts, but not an Equity account.

1 reply

December 19, 2023

Welcome to the Community, Doug. Allow me to share some information about the Accounts Chart in QuickBooks Self-Employed (QBSE).

 

Chart of Account is currently unavailable in QBSE, this means that you can't add your own or custom categories. We're researching how we could approach dynamic categories while maintaining their main use as tax categories for tax forms. We need to do both to ensure your estimated taxes are accurate.

 

I recommend using the default accounts for now or you can check the QuickBooks Online program which offers a more flexible way of managing your accounts.

 

Additionally, you can check these helpful articles about categorizing your transactions in the program: 

 

Let me know if you have more questions about QBSE. I'll be here to provide assistance. Have a great day.