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hi folks today were going to talk about the standard chart of accounts inside quickbooks online were going to talk about how to manipulate that chart of accounts and customize it to your liking and were also going to talk about importing a chart of accounts that you might already have set up in excel i personally have a set of chart of accounts that i use for my clients based on the different circumstances so im going to show you if you happen to have an excel spreadsheet like mine with a chart of accounts how you would import that into quickbooks and replace the chart of accounts thats in there now the reason why were going to talk about chart of accounts is because chart of accounts is the heart of your accounting system if your chart of accounts is not set up or matched to your industry to your business needs youre not going to have a pleasant accounting experience and youre not going to get good reports so its really really important that the chart of accounts matches you