QuickBooks provides complete lists of accounts for many different types of
businesses. When you choose a preset chart of accounts, QuickBooks
automatically supplies other lists—such as payment methods, customer and
vendor types, and payment terms—that are suited to your type of
The accounts and lists that QuickBooks creates are to help you get started.
After QuickBooks sets up your company, you can add additional accounts, delete
accounts you don't need, and modify your company lists.