Choose an account that describes the transaction you are recording.
1. Open the chart
Go to Accounting → Chart of Accounts. Use the account-type tabs to narrow the list.
2. Check the type and group
Find the account name and number. Check its group before choosing it in an expense, bill, receipt, or journal. A group heading organizes accounts; it may not be a posting account.
3. Compare the form’s choices
Return to the transaction and select the appropriate offered account. Bank reconciliation uses eligible cash, bank, and payment accounts in the business’s accounting currency.
4. Review the result
Save only when the account matches the actual transaction. If the classification is uncertain, confirm it with your accountant first.