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July 7, 2022
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Why is there no user view in my advanced settings? Why is the format in chart of accounts not similar to anything I've seen online to when creating a sub-category?

  • July 7, 2022
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Best answer by Kevin_C

Followed the directions and still ended up with this 


Good day, @Mousie1012.

 

I appreciate you for following the steps provided by my peer above. I'm here to clarify a few things about the chart of accounts layout interface in QuickBooks Online (QBO).

 

As of 10/28/2021, QuickBooks updated the Chart of Accounts (COA) to the new interface for all of the QBO accounts. This is also the reason why you can't view the old layout even after switching to the business view.

 

These changes have been made because we saw that there was an increase in usage of the default accounts that we provided. 76% of the categories used in transactions were default accounts. This is an 8% increase from the existing experience. We also noticed an overall decrease in average account creation, specifically expense accounts.

 

Nevertheless, these modifications are identical to those made previously. Everything will be fine as long as you can successfully create a new account or subaccount.

 

You can also check out this article to learn more about creating new accounts in QBO: Add an account to your chart of accounts.

 

Once you're good with all of your accounts, you can visit this article to learn more about reconciling an account in QBO. If everything matches up with your bank or credit card statements, you know your accounts are balanced and accurate.

 

Please let us know if you have more questions regarding this new category interface. The Community is always here to answer them for you. Stay safe!

1 reply

Jen_D
July 7, 2022

Hello @Mousie1012.

 

I want to help you out with this Chart of Accounts view concern. Also, I'd like to get more details about the what you're trying to do in QuickBooks Online. Kindly send me a screenshot of the page you're looking at so I can guide you further with the setup.

 

In the meantime, you can create COA categories, using these steps:

 

  1. Click the Gear icon, then Chart of Accounts.
  2. Press the New icon.
  3. Please note that the view of adding COA accounts depends if you're using an old or new account. For old QuickBooks accounts, the view looks like this:

    For newer versions of QuickBooks, you will see this view:

  4. Fill in the fields with the account type you want to set up.
  5. Once done, press Save.

 

This link will guide you with adding an account to your chart of accounts in QuickBooks Online.

 

Also, if you want to create sub-categories for products and services, refer to the steps below.

 

  1. Go to Sales and select Products and Services.
  2. Press the More ▼ drop-down, then Manage categories.
  3. Click New category.
  4. Mark the Is a sub-category option.
  5. Make the changes you want and select Save.


Come back here with the additional details. I'll be right here to help you get set up with your COA registers and categories. Have a good one.

July 11, 2022

July 12, 2022

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