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Configuring QuickBooks for Use in a Nonprofit: Setting Up the Chart of Accounts

Tech Soup

One definition is that a chart of accounts is a detailed listing of minor categories under the major categories of Assets, Liabilities, Net Assets, Revenue, and Expense. So What Exactly Is a Chart of Accounts? See [link] for a similar definition.) Think of the chart of accounts as the foundation for a building you are about to construct.