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What is a Chart of Accounts?

What is a Chart of Accounts?

When a business makes a sale, purchases new computers, pays employees or takes a loan from the bank, all these financial transactions must be recorded. And that’s where a chart of accounts comes in. A chart of accounts organizes all the company’s financial accounts,...
Usage Limits with QuickBooks Online

Usage Limits with QuickBooks Online

QuickBooks Online recently revised their subscription plans to introduce usage limits. This means that depending on the QBO plan you have, there will be limits to the number of billable (or invited) users, chart of accounts, classes, locations, and tags that you can...