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Asset accounts that QuickBooks creates

QuickBooks automatically sets up these asset accounts for you:

Accounts receivable

This account tracks what your customers owe your business.

QuickBooks sets up this account automatically when you enter your first invoice.

Checking

You can use this account to track a checking, savings, or money market account.

If you chose a preset chart of accounts when you set up your company, QuickBooks sets up your checking account the first time you write a check. You can set up additional checking account accounts as needed.

See also

KB ID# H_COA_INFO_ASSETS_PRESET
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