The Chart of Accounts feature is located under the Banking menu bar.
A chart of accounts (COA) is a listing of the names of the accounts that a company has identified and made available for recording transactions in its general ledger. A company has the flexibility to tailor its chart of accounts to best suit its needs, including adding accounts as needed. The COA is categorized in the following way:
Balance Sheet Accounts: Assets, Liabilities, Owner’s (Stockholder’s) Equity
Income Statement Accounts: Income, Cost of Goods Sold, Expenses, Other Income, and Other Expenses.