Adjusting the GL for Accounting Clients by Item and Account

QuickBooks® reports are largely based on two different lists – Accounts and Items. QuickBooks uses the Chart of Accounts and the Trial Balance balances to generate financial reports like the Balance Sheet and Profit & Loss. QuickBooks also uses the Chart of Accounts for the General Ledger and other standard financial reports like those found in any accounting software product.

Click here for a full PDF with the entire QuickBooks® Tip presented in steps with screen shots.

Editor’s Note: This is the last in a series of 10 tips on improving your productivity in QuickBooks. To view all tips, visit Intuit® Accountants News Central and click on the category, “Ways to Be More Productive.”

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Firm of the Future Team

This article is authored by the Intuit Firm of the Future team. For more information, visit

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