How do i create accrual accounts on quickbooks?

I am new at using quick-books and for my assignment my professor asked to create 5 accrual accounts. How do i create accrual accounts and where will they show up on my journal?

1 year ago - 1 answers

Best Answer

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Go to Lists and Chart of Accounts. Right click in the Chart of Accounts and go to New. This will open a window that will start the process of creating new GL accounts. An accrual account will show up under Current Liabilities on the Balance Sheet.
Hope this helps.

1 year ago