Expense account

An account that tracks what your company is spending. (You can think of expenses as money that leaves the company.) They work like categories do in Quicken.

Unlike balance sheet accounts, expense accounts don't have their own register.

To get a list of the transactions posted to an expense account

1. Go to the Lists menu and click Chart of Accounts.

2. Select the expense account.

3. Click Reports at the bottom of the list and then click QuickReport.

   

See also

• Understanding expense accounts

• Income account

• Balance sheet accounts