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Chart of Accounts Search – What’s new in Quickbooks 2018 Desktop

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Title: Chart of Accounts Search – What’s new in Quickbooks 2018 Desktop


1
Chart of Accounts Search Whats new in
Quickbooks 2018 Desktop
  • Guided by- www.wizexpert.com

2
Quickbooks Desktop 2018 comes with many new
features. One of the features is Chart Account
Search, it is basically searching in the Chart of
Accounts of a company. It might be a whole list
of all company accounts and balance.
Quickbooks 2018 automatically creates your chart
of accounts. It supports the trade of various
types of company or companies and also sees
record gap balance of all trades.

Chart Account Search Whats new in QuickBooks
2018 Desktop
QuickBooks 2018 Desktop has a new current feature
offers you look power half or all associate
degree account name or variety.

The Chart of Account is one among the foremost
necessary lists in QuickBooks for accountants,
bookkeepers and proadvisers. Many clients set-up
their Chart of Accounts mistreatment the default
that QuickBooks installs once a replacement
Company file is made.
Typically it becomes too necessary to either add
accountant numbers or modification the
language for accounts from people who are used-
and this will be confusing.

In the previous version, there is no search bar
to search account number and account name but in
Intuit will add this extra feature in a chart of
accounting.
3
  • To get this functionality
  • To get this functionality
  • Then click on Chart of Accounts
  • Search victimization in the search box at the
    left thigh of the Chart of Accountants List.
  • Enter the account name then enter the password.
  • Click the blue search button.
  • Add Associate Account
  • Click on the chart account
  • Then click on New
  • Select the account type and click on Continue.
  • Enter the name and account number
  • Add a gap Balancer if applicable.
  • Click saveAdd Associate Account
  • then close

4
Account Types
Understanding the chart of account isnt
complicated. The chart of account is not
complicated so there is divide into six account
categories used for tracking the financial
activity of your business assets, liabilities,
equity, income, cost of goods sold, and expense.
Assets
Assets include something you have purchased in
the past that will be used in the past that will
be used in the future to generate economic
benefit.
Bank
Used to track in and out of the business. This
account type and the credit card account type are
the only account types you can select the payment
account types you can select as the payment
account in the pay bills or write checks dialogue
box.
5
Accounts Receivable
This account type requires a Customer or Customer
and job name with each entry. You use already
this account so you continue further
instructions.
Fixed Asset
Used to track the purchase of tangible property
that will have a useful life of longer than one
year. Accumulated Depreciation totals are also
held in this account type as a negative fixed
asset.
Other Assets Intangible assets that have a life
of more than one year, also an asset that is not
a fixed asset or Current asset.

Conclusions
I think this article will cover all the
information related to the chart of accounts
search. In future study might involve more about
Quickbooks versions and its features to simulate
easiness of accountancy and finance.

Article Source- https//www.quickbooksdesktopsupp
ort.net/chart-of-accounts-search-whats-new-in-quic
kbooks-2018-desktop/
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