QuickBooks: Requiring Account Numbers When Creating New Accounts
In QuickBooks, the default is to use account names, but here at Silicon Valley Accounting Solutions we HIGHLY recommend using numbers to keep your financial reports organized. Using account numbers allows you to list accounts of a similar type together by numbering them sequentially rather than leaving QB to sort them alphabetically. For instance, you can list your primary checking account at the top of your list of Bank Accounts by assigning the number 1005 to it, and 1010 to your secondary and so forth.
In addition, you can type either the account number OR the account name when adding the account on a bill, credit card entry, etc. to make your QuickBooks data entry even faster!
To set your QuickBooks company file to require account numbers when creating new accounts, follow these easy steps.
Go to Edit, then click Preferences.
After clicking Preferences a new screen will appear. Click Accounting on the left side of the screen, then click Company Preferences. Click Require Accounts, then click OK.