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would you like to know what accounts contractors would use in their chart of accounts well let us show you in this episode of QuickBooks Online for contractors if you have any questions about this topic you can leave them in the comment section below and I'll do my best to help you and of course if you feel the video helped you I hope you will click like and don't forget to subscribe to get updates on new videos that come out all the time now you may well ask what is the chart of accounts well it's the general ledger of the company it's a set of records where each record is a category of transactions each record is called an account you need a separate record or account for each income type of transaction and you need a separate account for each expense type of transaction and you need a separate account for each bank account type of transaction and credit card type of transaction that you have in your company each transaction type gets recorded in two ac...
