5 types of chart of accounts
Intuit’s Quickbooks chart of accounts helps simplify this process for business owners. Accounting software can help manage your chart of accounts. As your business grows, so too will your need for accurate, fast, and legible reporting. Your chart of accounts helps you understand the past and look toward the future. This is the second part in an ongoing series of articles diving into accounts and how they are used in the context of accounting. When you first setup your business in Kashoo you are presented with a default chart of accounts. This default list represents some of the most common account types used across most businesses.