I am afraid your description sounds about right.

I am assuming you mean receipts, not recipes but if you are using the Accountant's Edition, you can add new accounts, otherwise you can only rename them.

Reconciliations have to be done outside the program.

I'm not sure where you need to enter the credit card numbers but if you are talking about the ledger for the chart of accounts, then yes, there is no spot for them, but then again, it's not required.

Hi,

thank you. Can I rename accounts such as

misc and purchases to things like vehicle fuel and material?

there are two different Visa cards four different Mastercards and an Amex but I don’t know if I can seperate them or if I can only bulk them all under the type of card they are.

Hi,

thank you. Can I rename accounts such as

misc and purchases to things like vehicle fuel and material?

there are two different Visa cards four different Mastercards and an Amex but I don’t know if I can seperate them or if I can only bulk them all under the type of card they are.

Yes you can rename the accounts.

I don't know how many accounts are listed in the default liabilities section but you can rename liabilities as well to whatever credit card you need.  However, I would also look at the concept that one statement should be one account, even if there are three cards that share it.  It is much easier to reconcile that way.

You have not offered the information about whether you are a business partner using the Accountant's Edition for your client but if you are you can create new accounts.  If not and you need new accounts, you can ask a consultant/accountant who has that edition to help you out.

Hi Again,

do you know or can you advise me how I can change those account names and I could not find a chart of accounts to edit and no I am not an accountant or have accountants edition 

Just go through the menus.  Tools, For My Accountant, Account Information.