QuickBooks Default Account Types and Detail Types
Standard Account Number Ranges
A common best-practice is to number the accounts in a Chart of Accounts using number ranges similar to those below. The 10 Account Categories below are one possible way of categorizing accounts.
Account Number Range | Account Category | Description |
---|---|---|
1000-1499 | Current Assets | <1 year |
1500-1999 | Long-Term Assets | 1+ years |
2000-2499 | Current Liabilities | <1 year |
2500-2999 | Long-Term Liabilities | 1+ years |
3000-3999 | Equity | IE: Shareholders' equity, book value, net asset value |
4000-4999 | Income | IE: Revenue |
5000-5999 | Direct Costs | IE: Cost of Revenue, Cost of Goods Sold |
6000-6999 | Indirect Costs | IE: Overhead Expenses, Operating Expenses |
7000-7999 | Other Income | IE: Non-operating income like capital gains, interest income |
8000-8999 | Other Costs | IE: Non-operating income like capital losses |
QuickBooks Account Types and Detail Types
Each Account in a QuickBooks “Chart of Accounts” has an Account Type and Detail Type. In QuickBooks Simple Start the options in these two fields are not editable.
There are 15 available Account Types and 154 Detail Types. Each Detail Type is mapped to a single Account Type. Each new account is required to have an Account Type and Detail Type selected.
The 15 Account Types in QuickBooks can be mapped onto the broader Account Categories as shown below.
Account Category | QB Account Type | Account Number Range |
---|---|---|
Current Assets | Accounts Receivable (A/R) Other Current Assets Bank |
1000-1499 |
Long-Term Assets | Fixed Assets Other Assets |
1500-1999 |
Current Liabilities | Accounts Payable (A/P) Credit Card Other Current Liabilities |
2000-2499 |
Long-Term Liabilities | Long Term Liabilities | 2500-2999 |
Equity | Equity | 3000-3999 |
Income | Income | 4000-4999 |
Direct Costs | Cost of Goods Sold | 5000-5999 |
Indirect Costs | Expenses | 6000-6999 |
Other Income | Other Income | 7000-7999 |
Other Costs | Other Expense | 8000-8999 |
Complete List of QuickBooks Account/Detail Types
A complete list of QuickBooks' available Account Types and Detail Types is tabulated below. The account type and detail type categories was compiled from QuickBooks Online Simple Start on 5/15/22. The account numbering is my own.
Account Category Number Range |
QB Account Type | QB Detail Type |
---|---|---|
Current Assets 1000-1499 |
Bank 1000-1099 |
Cash on hand Checking Money Market Rents Held in Trust Savings Trust account |
Current Assets 1000-1499 |
Other Current Assets 1100-1399 |
Allowance for Bad Debts Development Costs Employee Cash Advances Inventory Investment - Mortgage/Real Estate Loans Investment - Tax-Exempt Securities Investment - U.S. Government Obligations Investments - Other Loans To Officers Loans to Others Loans to Stockholders Other Current Assets Prepaid Expenses Retainage Undeposited Funds |
Current Assets 1000-1499 |
Accounts Receivable (A/R) 1400-1499 |
Accounts Receivable (A/R) |
Long-Term Assets 1500-1999 |
Fixed Assets 1500-1899 |
Accumulated Amortization Accumulated Depletion Accumulated Depreciation Buildings Depletable Assets Fixed Asset Computers Fixed Asset Copiers Fixed Asset Furniture Fixed Asset Other Tools Equipment Fixed Asset Phone Fixed Asset Photo Video Fixed Asset Software Furniture & Fixtures Intangible Assets Land Leasehold Improvements Machinery & Equipment Other fixed assets Vehicles |
Long-Term Assets 1500-1999 |
Other Assets 1900-1999 |
Accumulated Amortization of Other Assets Goodwill Lease Buyout Licenses Organizational Costs Other Long-term Assets Security Deposits |
Current Liabilities 2000-2499 |
Credit Card 2000-2099 |
Credit Card |
Current Liabilities 2000-2499 |
Accounts Payable (A/P) 2100-2399 |
Accounts Payable (A/P) |
Current Liabilities 2000-2499 |
Other Current Liabilities 2400-2499 |
Deferred Revenue Federal Income Tax Payable Insurance Payable Line of Credit Loan Payable Other Current Liabilities Payroll Clearing Payroll Tax Payable Prepaid Expenses Payable Rents in trust - Liability Sales Tax Payable State/Local Income Tax Payable Trust Accounts - Liabilities Undistributed Tips |
Long-Term Liabilities 2500-2999 |
Long Term Liabilities 2500-2999 |
Notes Payable Other Long Term Liabilities Shareholder Notes Payable |
Equity 3000-3999 |
Equity 3000-3999 |
Accumulated Adjustment Common Stock Estimated Taxes Health Insurance Premium Health Savings Account Contribution Opening Balance Equity Owner’s Equity Paid-In Capital or Surplus Partner Contributions Partner Distributions Partner’s Equity Personal Expense Personal Income Preferred Stock Retained Earnings Treasury Stock |
Income 4000-4999 |
Income 4000-4999 |
Discounts/Refunds Given Non-Profit Income Other Primary Income Sales of Product Income Service/Fee Income Unapplied Cash Payment Income |
Direct Costs 5000-5999 |
Cost of Goods Sold 5000-5999 |
Cost of labor - COS Equipment Rental - COS Other Costs of Services - COS Shipping, Freight & Delivery - COS Supplies & Materials - COGS |
Indirect Costs 6000-6999 |
Expenses 6000-6999 |
Advertising/Promotional Auto Bad Debts Bank Charges Charitable Contributions Communication Cost of Labor Dues & subscriptions Entertainment Entertainment Meals Equipment Rental Finance costs Insurance Interest Paid Legal & Professional Fees Office/General Administrative Expenses Other Business Expenses Other Miscellaneous Service Cost Payroll Expenses Payroll Tax Expenses Payroll Wage Expenses Promotional Meals Rent or Lease of Buildings Repair & Maintenance Shipping, Freight & Delivery Supplies & Materials Taxes Paid Travel Travel Meals Unapplied Cash Bill Payment Expense Utilities |
Other Income 7000-7999 |
Other Income 7000-7999 |
Dividend Income Interest Earned Other Investment Income Other Miscellaneous Income Tax-Exempt Interest |
Other Costs 8000-8999 |
Other Expense 8000-8999 |
Amortization Depreciation Exchange Gain or Loss Gas And Fuel Home Office Homeowner Rental Insurance Mortgage Interest Home Office Other Home Office Expenses Other Miscellaneous Expense Other Vehicle Expenses Parking and Tolls Penalties & Settlements Property Tax Home Office Rent and Lease Home Office Repairs and Maintenance Home Office Utilities Home Office Vehicle Vehicle Insurance Vehicle Lease Vehicle Loan Vehicle Loan Interest Vehicle Registration Vehicle Repairs Wash and Road Services |