| A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | |
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1 | Account # | Account | Type | Detail type | Description | Balance | ||||||||||||||||||||
2 | 11001 | Banks | Bank | Checking | Replace this account with your actual bank accounts | 0 | ||||||||||||||||||||
3 | 12001 | Other Receivables | Other Current Assets | Other Current Assets | Accounts Receivable or Note Receivables not related to customer Invoices | 0 | ||||||||||||||||||||
4 | 12100 | Inventory Asset | Other Current Assets | Other Current Assets | Costs of inventory purchased for resale (Only use if you are tracking with Inventory Items, otherwis | 0 | ||||||||||||||||||||
5 | 12800 | Employee Advances | Other Current Assets | Other Current Assets | Small, short-term payroll advances to employees | 0 | ||||||||||||||||||||
6 | 13100 | Prepaid Insurance | Other Current Assets | Other Current Assets | Insurance premiums paid in advance of policy effective dates | 0 | ||||||||||||||||||||
7 | 15000 | Furniture and Equipment | Fixed Assets | Other fixed assets | Furniture and equipment with useful life exceeding one year | 0 | ||||||||||||||||||||
8 | 15200 | Buildings and Improvements | Fixed Assets | Other fixed assets | Buildings, permanently attached fixtures, and improvements on company-owned (or leased) land | 0 | ||||||||||||||||||||
9 | 15600 | Land | Fixed Assets | Other fixed assets | Land owned by the company | 0 | ||||||||||||||||||||
10 | 15900 | Leasehold Improvements | Fixed Assets | Other fixed assets | Improvements to leased building space | 0 | ||||||||||||||||||||
11 | 16400 | Vehicles | Fixed Assets | Other fixed assets | Business automobiles and trucks, registered in the name of the business | 0 | ||||||||||||||||||||
12 | 17000 | Accumulated Depreciation | Fixed Assets | Other fixed assets | Accumulated depreciation on equipment, buildings and improvements | 0 | ||||||||||||||||||||
13 | 18700 | Security Deposits Asset | Other Assets | Other Long-term Assets | Deposits and other returnable funds held by other entities (Rent, Utilities, etc.) | 0 | ||||||||||||||||||||
14 | 21001 | Other Payables | Other Current Liabilities | Other Current Liabilities | Accounts Payable or Note Payables not related to vendor bills | 0 | ||||||||||||||||||||
15 | 22000 | Credit Cards | Other Current Liabilities | Other Current Liabilities | Replace this account with your actual bank accounts | 0 | ||||||||||||||||||||
16 | 24000 | Payroll Liabilities | Other Current Liabilities | Payroll Tax Payable | Unpaid payroll liabilities. Amounts withheld or accrued, but not yet paid | 0 | ||||||||||||||||||||
17 | 24500 | Advance Customer Payments | Other Current Liabilities | Other Current Liabilities | Monies received from customers not yet earned or deposits refundable to customers | 0 | ||||||||||||||||||||
18 | 25500 | Sales Tax Payable | Other Current Liabilities | Sales Tax Payable | Unpaid sales taxes. Amounts charged on sales, but not yet paid to the government | 0 | ||||||||||||||||||||
19 | 30000 | Opening Balance Equity | Equity | Opening Balance Equity | Opening balances during setup post to this account. The balance of this account should be zero after | 0 | ||||||||||||||||||||
20 | 31401 | Owner/Partner Capital | Equity | Owner's Equity | Distributions or Draws paid to partners | 0 | ||||||||||||||||||||
21 | 32000 | Retained Earnings | Equity | Retained Earnings | Undistributed earnings of the business | 0 | ||||||||||||||||||||
22 | 40000 | Net Sales | Income | Sales of Product Income | *THIS IS A PARENT CATEGORY, ONLY USE SUBACCOUNTS* | |||||||||||||||||||||
23 | 44400 | Net Sales:Sales of Product | Income | Sales of Product Income | To track sales of product if separate than services | |||||||||||||||||||||
24 | 45500 | Net Sales:Other Sales / Income | Income | Sales of Product Income | To track any other sales that is neither separated by 'product' or 'service' | |||||||||||||||||||||
25 | 47900 | Net Sales:Sales of Services | Income | Sales of Product Income | To track sales of services if separate than products | |||||||||||||||||||||
26 | 48300 | Net Sales:Sales Discounts | Income | Sales of Product Income | Discounts given to customers | |||||||||||||||||||||
27 | 48900 | Net Sales:Shipping and Delivery Income | Income | Sales of Product Income | Shipping charges charged to customers | |||||||||||||||||||||
28 | 49900 | Uncategorized Income | Income | Sales of Product Income | Income not categorized elsewhere | |||||||||||||||||||||
29 | 50000 | Cost of Goods Sold | Cost of Goods Sold | Supplies & Materials - COGS | Costs of items purchased and then sold to customers | |||||||||||||||||||||
30 | 51100 | Cost of Goods Sold:Freight and Shipping Costs | Cost of Goods Sold | Supplies & Materials - COGS | Freight-in and shipping costs for delivery to customers | |||||||||||||||||||||
31 | 52300 | Cost of Goods Sold:Product Samples Expense | Cost of Goods Sold | Supplies & Materials - COGS | Cost of products used as floor samples or given to customers for trial or demonstration | |||||||||||||||||||||
32 | 52500 | Cost of Goods Sold:Purchase Discounts | Cost of Goods Sold | Supplies & Materials - COGS | Discounts on purchased merchandise | |||||||||||||||||||||
33 | 52900 | Cost of Goods Sold:Purchases - Resale Items | Cost of Goods Sold | Supplies & Materials - COGS | Purchases of items for resale that are not tracked or counted in inventory | |||||||||||||||||||||
34 | 55000 | Subcontractors | Cost of Goods Sold | Supplies & Materials - COGS | *THIS IS A PARENT CATEGORY, ONLY USE SUBACCOUNTS* | |||||||||||||||||||||
35 | 55001 | Subcontractors:Entities and non-1099 | Cost of Goods Sold | Supplies & Materials - COGS | Companies or non-individual performing suncontraed services that will likely not receive a 1099-MISC | |||||||||||||||||||||
36 | 55002 | Subcontractors:Individuals and 1099 Eligible | Cost of Goods Sold | Supplies & Materials - COGS | Individual Independent Contractors that will receive a 1099-MISC at the end of the year | |||||||||||||||||||||
37 | 56000 | Merchant / Credit Card Fees | Cost of Goods Sold | Supplies & Materials - COGS | Credit Card Merchant Processors or other electronic transaction transfer costs | |||||||||||||||||||||
38 | 60000 | Advertising and Promotion | Expenses | Other Miscellaneous Service Cost | *THIS IS A PARENT CATEGORY, ONLY USE SUBACCOUNTS* | |||||||||||||||||||||
39 | 60001 | Advertising and Promotion:Uniforms | Expenses | Other Miscellaneous Service Cost | Purchase, cleaning/laundy, and/or any maintenance expense for Uniforms. Uniforms must be 'not suita | |||||||||||||||||||||
40 | 60002 | Advertising and Promotion:Business Gifts | Expenses | Other Miscellaneous Service Cost | Gifts paid to customers, contractors, and other entities that you do business with, but not to emplo | |||||||||||||||||||||
41 | 60003 | Advertising and Promotion:Website Expenses | Expenses | Other Miscellaneous Service Cost | Web development, maintenance, domain name, hosting, etc. | |||||||||||||||||||||
42 | 60004 | Advertising and Promotion:Social Media Marketing | Expenses | Other Miscellaneous Service Cost | Facebook, YouTube, Twitter, Instagram, and/or any other social media based marketing | |||||||||||||||||||||
43 | 60005 | Advertising and Promotion:Web-based and Pay-Per Click Ads | Expenses | Other Miscellaneous Service Cost | Google Ads and other placed ads across the web tat drives traffic to your website | |||||||||||||||||||||
44 | 60006 | Advertising and Promotion:Local Listings and Chambers | Expenses | Other Miscellaneous Service Cost | Traditional and local type of marketing, networking, chamber of commerce, etc. | |||||||||||||||||||||
45 | 60007 | Advertising and Promotion:Marketing Expenses | Expenses | Other Miscellaneous Service Cost | All other Marekting, Advertising, and Promotional Expenses | |||||||||||||||||||||
46 | 60008 | Advertising and Promotion:Conferences and Tradeshows | Expenses | Other Miscellaneous Service Cost | all exhibiting and presentation expenses, except for travel | |||||||||||||||||||||
47 | 60009 | Advertising and Promotion:Printed and Promo Products | Expenses | Other Miscellaneous Service Cost | Business Cards, Flyers, Banners, Promotional Products with company logo, stationary. | |||||||||||||||||||||
48 | 60200 | Automobile Expense | Expenses | Other Miscellaneous Service Cost | *THIS IS A PARENT CATEGORY, ONLY USE SUBACCOUNTS* | |||||||||||||||||||||
49 | 60201 | Automobile Expense:Car / Truck Payment - Lease | Expenses | Other Miscellaneous Service Cost | Only use if this is a Lease Payment, Otherwise you must split the principal (liability) and interest | |||||||||||||||||||||
50 | 60202 | Automobile Expense:Auto Insurance | Expenses | Other Miscellaneous Service Cost | Insurance Payment related to business vehicle(s) only | |||||||||||||||||||||
51 | 60203 | Automobile Expense:Gas / Fuel | Expenses | Other Miscellaneous Service Cost | Gas or Fuel for business vehicles only | |||||||||||||||||||||
52 | 60204 | Automobile Expense:Other Auto, Maint., and Repairs | Expenses | Other Miscellaneous Service Cost | Repairs, Maintenance, Tires, and other automobile expenses, such as registration and tags as well | |||||||||||||||||||||
53 | 60205 | Automobile Expense:Parking & Tolls | Expenses | Other Miscellaneous Service Cost | Expenses related to parking and highway tolls for business vehicles or business travel | |||||||||||||||||||||
54 | 60206 | Automobile Expense:Mileage Reimbursement | Expenses | Other Miscellaneous Service Cost | Reimbursing employees using personal vehicles for business travel or customer:job projects 2018 IRS | |||||||||||||||||||||
55 | 60300 | Comissions Paid to Non-Employee | Expenses | Other Miscellaneous Service Cost | Comissions or selling expenses paid to 3rd parties, referral fees, and other transaction fees not pa | |||||||||||||||||||||
56 | 60400 | Bank Service Charges | Expenses | Other Miscellaneous Service Cost | Bank account service fees, bad check charges and other bank fees | |||||||||||||||||||||
57 | 60401 | Bank Service Charges:Standard / Monthly Bank Fees | Expenses | Other Miscellaneous Service Cost | For expected recurring fees related to general maintenance of the bank accounts | |||||||||||||||||||||
58 | 60402 | Bank Service Charges:Incidental or Transaction Fees | Expenses | Other Miscellaneous Service Cost | such as bounced checks fees, wire transfer fees, NSF Fees, and other non-standard fees | |||||||||||||||||||||
59 | 61000 | License, Permits and Local Tax | Expenses | Other Miscellaneous Service Cost | Business licenses, permits, and other business-related fees. Local Tax Only, DO NOT USE for: Payrol | |||||||||||||||||||||
60 | 61700 | Office Expense:Computer Supplies and Software | Expenses | Other Miscellaneous Service Cost | Computer supplies, off-the-shelf software, online fees, and other computer or internet related expen | |||||||||||||||||||||
61 | 62000 | Continuing Education / Training | Expenses | Other Miscellaneous Service Cost | Seminars, educational expenses and employee development, not including travel | |||||||||||||||||||||
62 | 62400 | Depreciation Expense | Expenses | Other Miscellaneous Service Cost | Depreciation on equipment, buildings and improvements | |||||||||||||||||||||
63 | 62500 | Office Expense:Dues and Subscriptions | Expenses | Other Miscellaneous Service Cost | Subscriptions and membership dues for civic, service, professional, trade organizations | |||||||||||||||||||||
64 | 62600 | Office Expense:Equipment Rental | Expenses | Other Miscellaneous Service Cost | Rent paid for rented equipment used for business | |||||||||||||||||||||
65 | 63300 | Insurance Expense | Expenses | Other Miscellaneous Service Cost | *THIS IS A PARENT CATEGORY, ONLY USE SUBACCOUNTS* | |||||||||||||||||||||
66 | 63310 | Insurance Expense:General Liability Insurance | Expenses | Other Miscellaneous Service Cost | General liability insurance premiums | |||||||||||||||||||||
67 | 63320 | Insurance Expense:Health Insurance for Employees | Expenses | Other Miscellaneous Service Cost | Employee health insurance premiums | |||||||||||||||||||||
68 | 63330 | Insurance Expense:Life and Disability Insurance | Expenses | Other Miscellaneous Service Cost | Employee life and disability insurance premiums for Non-Officers. Officer Life Insurance is often n | |||||||||||||||||||||
69 | 63360 | Insurance Expense:Worker's Compensation | Expenses | Other Miscellaneous Service Cost | Worker's compensation insurance premiums | |||||||||||||||||||||
70 | 63400 | Interest Expense | Expenses | Other Miscellaneous Service Cost | Interest payments on business loans, credit card balances, or other business debt | |||||||||||||||||||||
71 | 63500 | Office Expense:Janitorial Expense | Expenses | Other Miscellaneous Service Cost | Janitorial expenses and cleaning supplies | |||||||||||||||||||||
72 | 63990 | Insurance Expense:Health Insurance for Officers | Expenses | Other Miscellaneous Service Cost | Any health insrance premiums paid to partners | |||||||||||||||||||||
73 | 64300 | Advertising and Promotion:Meals for Clients and Events | Expenses | Other Miscellaneous Service Cost | Business meals and entertainment expenses, including travel-related meals (may have limited deductib | |||||||||||||||||||||
74 | 64500 | Casual Labor < $600 | Expenses | Other Miscellaneous Service Cost | Paid to individuals that do not add up to $600 or more for the whole year, helping on the office or | |||||||||||||||||||||
75 | 64700 | Miscellaneous Expense | Expenses | Other Miscellaneous Service Cost | Miscellaneous expenses not categorized elsewhere. Use memo field to describe business purpose | |||||||||||||||||||||
76 | 64806 | Travel Expenses:Transportation during Travel | Expenses | Other Miscellaneous Service Cost | Taxi, Train, Uber/Lyft, Buses, any sort of transportation non-airfare related | |||||||||||||||||||||
77 | 64900 | Office Expense:Office Supplies | Expenses | Other Miscellaneous Service Cost | Office supplies expense and all office related expenses that are hard to categorize otherwise | |||||||||||||||||||||
78 | 65000 | Office Expense | Expenses | Other Miscellaneous Service Cost | *THIS IS A PARENT CATEGORY, ONLY USE SUBACCOUNTS* | |||||||||||||||||||||
79 | 65801 | Office Expense:Credit and Background Checks | Expenses | Other Miscellaneous Service Cost | Credit Checks, Credit History/Monitoring, Background Check for new employees or subcontractor. | |||||||||||||||||||||
80 | 66000 | Payroll Expenses | Expenses | Payroll Expenses | *THIS IS A PARENT CATEGORY, ONLY USE SUBACCOUNTS* | |||||||||||||||||||||
81 | 66001 | Payroll Expenses:Payroll Compensation Partners | Expenses | Other Miscellaneous Service Cost | W-2 Gross Wages paid to partners (do not use this for owner's draw or cash distributions) | |||||||||||||||||||||
82 | 66002 | Payroll Expenses:Payroll Taxes | Expenses | Other Miscellaneous Service Cost | Payroll Taxes paid to IRS, State, and local goverments | |||||||||||||||||||||
83 | 66003 | Payroll Expenses:Payroll Processing Fees | Expenses | Other Miscellaneous Service Cost | Paid to payroll processor service | |||||||||||||||||||||
84 | 66004 | Payroll Expenses:Other Payroll Related Expenses | Expenses | Other Miscellaneous Service Cost | Any other payroll related expenses. Do not use for subcontactors | |||||||||||||||||||||
85 | 66009 | Payroll Expenses:Employee Wages | Expenses | Other Miscellaneous Service Cost | Payroll expenses paid to employees (non-officers) | |||||||||||||||||||||
86 | 66500 | Office Expense:Postage and Delivery | Expenses | Other Miscellaneous Service Cost | Postage, courier, and pickup and delivery services | |||||||||||||||||||||
87 | 66600 | Office Expense:Printing and Reproduction | Expenses | Other Miscellaneous Service Cost | Printing, copies, and other reproduction expenses | |||||||||||||||||||||
88 | 66700 | Professional Fees | Expenses | Other Miscellaneous Service Cost | *THIS IS A PARENT CATEGORY, ONLY USE SUBACCOUNTS* | |||||||||||||||||||||
89 | 66701 | Professional Fees:Outsourced Bookkeeping Service | Expenses | Other Miscellaneous Service Cost | Paid to non-employee bookkeeper or bookkeping services | |||||||||||||||||||||
90 | 66702 | Professional Fees:Income Tax Preparer / CPA | Expenses | Other Miscellaneous Service Cost | Paid to CPA or Tax Preparer for Income Tax, Sales Tax, or Payroll Tax Preparation Services | |||||||||||||||||||||
91 | 66703 | Professional Fees:Auditing and Other Accountants | Expenses | Other Miscellaneous Service Cost | Paid to a CPA or Auditing Firm, Business Valuation Services | |||||||||||||||||||||
92 | 66705 | Professional Fees:Attorney and Other Legal | Expenses | Other Miscellaneous Service Cost | Lawyers, Attorneys, and/or other Legal Representation | |||||||||||||||||||||
93 | 66707 | Professional Fees:Outside Consultants | Expenses | Other Miscellaneous Service Cost | Business or Management Consultants, Non-Marketing related | |||||||||||||||||||||
94 | 66900 | Reconciliation Discrepancies | Expenses | Other Miscellaneous Service Cost | Discrepancies between bank or credit card statements and your bank register in QuickBooks reconcilia | |||||||||||||||||||||
95 | 67100 | Rent Expense | Expenses | Other Miscellaneous Service Cost | Rent paid for company offices or other structures used in the business | |||||||||||||||||||||
96 | 67200 | Office Expense:Repairs and Maintenance | Expenses | Other Miscellaneous Service Cost | Incidental repairs and maintenance of business assets that do not add to the value or appreciably pr | |||||||||||||||||||||
97 | 67500 | Office Expense:Collections Costs | Expenses | Other Miscellaneous Service Cost | Costs of collecting old invoices or receivables in arrears | |||||||||||||||||||||
98 | 68000 | Taxes - Property | Expenses | Other Miscellaneous Service Cost | Taxes paid on property owned by the business, Tagible taxes, excise taxes, etc. | |||||||||||||||||||||
99 | 68100 | Utilities Expenses:Telephone Expense | Expenses | Other Miscellaneous Service Cost | Telephone and long distance charges, faxing, and other fees Not equipment purchases | |||||||||||||||||||||
100 | 68400 | Travel Expenses | Expenses | Other Miscellaneous Service Cost | *THIS IS A PARENT CATEGORY, ONLY USE SUBACCOUNTS* |