1. Liquid Support
  2. For Businesses
  3. QuickBooks Online Integration

What is Chart of Accounts?

The chart of accounts setting is the master list that is used to ensure received and paid invoices are mapped to the right account. The default chart of accounts includes accounts payable, credit card transaction fees, and expenses, as well as any bank or credit/debit cards that have been saved in the Payment Methods. Accounts can be added, edited, and/or deleted manually

If QuickBooks Online integration is enabled and active, the chart of accounts from QuickBooks will be pulled in to Liquid, and will appear here. You can then match the relevant QuickBooks accounts to the Liquid chart of accounts. When new payment methods are added after QuickBooks integration is enabled, you will be prompted to match that payment method to a QuickBooks chart of accounts. All Liquid chart of accounts should map to a chart of accounts on QuickBooks.

When QuickBooks integration is enabled, any edits made to the chart of accounts in Liquid will not propagate back to QuickBooks. It is recommended to treat QuickBooks as the master chart of accounts listing.