QuickBooks changes your Quicken income and expense categories into
QuickBooks income and expense accounts. Subcategories become income and expense
For example, if your Quicken data has these expense categories:
QuickBooks creates a "Utilities" expense account with "Electricity,"
"Gas," and "Water" as subaccounts under "Utilities."
The new income and expense accounts serve the same function as your
categories did in Quicken: they track how you earn and spend money.