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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.


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

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