Using Account Numbers in QuickBooks
QuickBooks does not assign numbers to accounts as a default in your chart of accounts, and you should switch your QuickBooks configuration options to correct that oversight. A chart of accounts with numbers is easier to design, and easier to work with, and your accountant will love you. Numbered accounts also have account names, of course, but the accounts are arranged by number, not by name. You will appreciate how important account numbers are when you create and customize reports. To enable QuickBooks to use account numbers,
- Choose Edit | Preferences from the QuickBooks menu bar.
- Click the Accounting icon on the left pane to open the Accounting preferences, and click the Company Preferences tab.
- In the Accounts section, select the Use Account Numbers check box, and click OK to save this setting.