How to Edit Account Name in Quickbooks Online

First, If you need to setup a free 30-day trial of QuickBooks Online use this link:
https://quickbooks.intuit.com/partners/irp/?cid=irp-4337#pricing
If you keep the account, you will get 30% off for 12 months, best deal out there!

Second, if you want an IMPORTABLE chart of accounts for QuickBooks, you can purchase my kit for my customized "Ultimate Chart of Accounts" for Online or Desktop that I setup for my clients, here:
https://quickbooks-training.net/ultimate-chart-of-accounts-for-quickbooks-desktop/

Third, I do have a free google sheets (downloadable to excel) spreadsheet with a complete list of accounts by industry and company type:
https://docs.google.com/spreadsheets/d/1IDzzpG0CnHkzPiqXUeSuOTehI2he8vaaNX2DTzEkNj4/edit?usp=sharing

This YouTube video will explain how to use this list and how you can import a list of accounts into your QuickBooks Online:

Here is a list of all the default accounts you can create with QuickBooks Online using the Account Type + Detail Type workflow:
NOTE: you can purchase an importable excel version of this chart of accounts

BALANCE SHEET ACCOUNTS

Account Type	Account Name	Description
Bank	Cash on hand	Use a Cash on hand account to track cash your company keeps for occasional expenses, also called petty cash. To track cash from sales that have not been deposited yet, use a pre-created account called Undeposited funds, instead.
Bank	Checking	Use Checking accounts to track all your checking activity, including debit card transactions. Each checking account your company has at a bank or other financial institution should have its own Checking type account in QuickBooks Online
Bank	Money Market	Use Money market to track amounts in money market accounts. For investments, see Other Current Assets, instead.
Bank	Rents Held in Trust	Use Rents held in trust to track deposits and rent held on behalf of the property owners. Typically only property managers use this type of account.
Bank	Savings	Use Savings accounts to track your savings and CD activity. Each savings account your company has at a bank or other financial institution should have its own Savings type account. For investments, see Other Current Assets, instead.
Bank	Trust account	Use Trust accounts for money held by you for the benefit of someone else. For example, trust accounts are often used by attorneys to keep track of expense money their customers have given them. Often, to keep the amount in a trust account from looking like it's yours, the amount is offset in a "contra" liability account (a Current Liability).
Accounts Receivable (A/R)	Accounts Receivable (A/R)	Accounts receivable (also called A/R, Debtors, or Trade and other receivables) tracks money that customers owe you for products or services, and payments customers make. QuickBooks Online automatically creates one Accounts receivable account for you. Most businesses need only one. Each customer has a register, which functions like an Accounts receivable account for each customer.
Other Current Assets	Allowance for Bad Debts	Use Allowance for bad debts to estimate the part of Accounts receivable you think you might not collect. Use this only if you are keeping your books on the accrual basis.
Other Current Assets	Development Costs	Use Development costs to track amounts you deposit or set aside to arrange for financing, such as an SBA loan, or for deposits in anticipation of the purchase of property or other assets. When the deposit is refunded, or the purchase takes place, remove the amount from this account.
Other Current Assets	Employee Cash Advances	Use Employee cash advances to track employee wages and salary you issue to an employee early, or other non-salary money given to employees. If you make a loan to an employee, use the Other current asset account type called Loans to others, instead.
Other Current Assets	Inventory	Use Inventory to track the cost of goods your business purchases for resale. When the goods are sold, assign the sale to a Cost of goods sold account.
Other Current Assets	Investment – Mortgage/Real Estate Loans	Use Investments – Mortgage/real estate loans to show the balances of any mortgage or real estate loans your business has made or purchased.
Other Current Assets	Investment – Tax-Exempt Securities	Use Investments – Tax-exempt securities for investments in state and local bonds, or mutual funds that invest in state and local bonds.
Other Current Assets	Investment – U.S. Government Obligations	Use Investments – U.S. government obligations for bonds issued by the U.S. government.
Other Current Assets	Investments – Other	Use Investments – Other to track the value of investments not covered by other investment account types. Examples include publicly-traded stocks, coins, or gold.
Other Current Assets	Loans to Others	Use Loans to others to track money your business loans to other people or businesses. This type of account is also referred to as Notes Receivable. For early salary payments to employees, use Employee cash advances, instead.
Other Current Assets	Loans To Officers	If you operate your business as a Corporation or S Corporation, use Loans to stockholders to track money your business loans to its stockholders.
Other Current Assets	Loans to Stockholders	If you operate your business as a Corporation or S Corporation, use Loans to stockholders to track money your business loans to its stockholders.
Other Current Assets	Other Current Assets	Use Other current assets for current assets not covered by the other types. Current assets are likely to be converted to cash or used up in a year.
Other Current Assets	Prepaid Expenses	Use Prepaid expenses to track payments for expenses that you won't recognize until your next accounting period. When you recognize the expense, make a journal entry to transfer money from this account to the expense account.
Other Current Assets	Retainage	Use Retainage if your customers regularly hold back a portion of a contract amount until you have completed a project.  This type of account is often used in the construction industry, and only if you record income on an accrual basis.
Other Current Assets	Undeposited Funds	Use Undeposited funds for cash or checks from sales that haven't been deposited yet. For petty cash, use Cash on hand, instead.
Other Current Assets	Uncategorized Asset	Default account created by QuickBooks Online to assign unknown balance sheet transfers. CANNOT BE DELETED
Fixed Assets	Accumulated Amortization	Use Accumulated amortization to track how much you amortize intangible assets.
Fixed Assets	Accumulated Depletion	Use Accumulated depletion to track how much you deplete a natural resource.
Fixed Assets	Accumulated Depreciation	Use Accumulated depreciation to track how much you depreciate a fixed asset (a physical asset you do not expect to convert to cash during one year of normal operations).
Fixed Assets	Buildings	Use Buildings to track the cost of structures you own and use for your business. If you have a business in your home, consult your accountant or IRS Publication 587. Use a Land account for the land portion of any real property you own, splitting the cost of the property between land and building in a logical method. A common method is to mimic the land-to-building ratio on the property tax statement.
Fixed Assets	Depletable Assets	Use Depletable assets to track natural resources, such as timberlands, oil wells, and mineral deposits.
Fixed Assets	Fixed Asset Computers	Computers purchased and tracked as a Fixed Asset in the balance sheet to track its value and depreciation over time, instead of expensed.  Typically amounts are above IRS safe harbor thresholds such as $2,500; see Notice 2015-82 from IRS
Fixed Assets	Fixed Asset Copiers	Copiers and/or Copying Equipment purchased and tracked as a Fixed Asset in the balance sheet to track its value and depreciation over time, instead of expensed.  Typically amounts are above IRS safe harbor thresholds such as $2,500; see Notice 2015-82 from IRS
Fixed Assets	Fixed Asset Furniture	Furniture purchased and tracked as a Fixed Asset in the balance sheet to track its value and depreciation over time, instead of expensed.  Typically amounts are above IRS safe harbor thresholds such as $2,500; see Notice 2015-82 from IRS
Fixed Assets	Fixed Asset Other Tools Equipment	Other Tools and Equipment purchased and tracked as a Fixed Asset in the balance sheet to track its value and depreciation over time, instead of expensed.  Typically amounts are above IRS safe harbor thresholds such as $2,500; see Notice 2015-82 from IRS
Fixed Assets	Fixed Asset Phone	Phones and Phone Systems purchased and tracked as a Fixed Asset in the balance sheet to track its value and depreciation over time, instead of expensed.  Typically amounts are above IRS safe harbor thresholds such as $2,500; see Notice 2015-82 from IRS
Fixed Assets	Fixed Asset Photo Video	Photo and Video Equipment purchased and tracked as a Fixed Asset in the balance sheet to track its value and depreciation over time, instead of expensed.  Typically amounts are above IRS safe harbor thresholds such as $2,500; see Notice 2015-82 from IRS
Fixed Assets	Fixed Asset Software	Software purchased and tracked as a Fixed Asset in the balance sheet to track its value and depreciation over time, instead of expensed.  Typically amounts are above IRS safe harbor thresholds such as $2,500; see Notice 2015-82 from IRS
Fixed Assets	Furniture & Fixtures	Use Furniture & fixtures to track any furniture and fixtures your business owns and uses, like a dental chair or sales booth.
Fixed Assets	Intangible Assets	Use Intangible assets to track intangible assets that you plan to amortize. Examples include franchises, customer lists, copyrights, and patents.
Fixed Assets	Land	Use Land for land or property you don't depreciate. If land and building were acquired together, split the cost between the two in a logical way. One common method is to use the land-to-building ratio on the property tax statement. For land you use as a natural resource, use a Depletable assets account, instead.
Fixed Assets	Leasehold Improvements	Use Leasehold improvements to track improvements to a leased asset that increases the asset's value. For example, if you carpet a leased office space and are not reimbursed, that's a leasehold improvement.
Fixed Assets	Machinery & Equipment	Use Machinery & equipment to track computer hardware, as well as any other non-furniture fixtures or devices owned and used for your business. This includes equipment that you ride, like tractors and lawn mowers. Cars and trucks, however, should be tracked with Vehicle accounts, instead.
Fixed Assets	Other fixed assets	Use Other fixed asset for fixed assets that are not covered by other asset types. Fixed assets are physical property that you use in your business and that you do not expect to convert to cash or be used up during one year of normal operations.
Fixed Assets	Vehicles	Use Vehicles to track the value of vehicles your business owns and uses for business. This includes off-road vehicles, air planes, helicopters, and boats. If you use a vehicle for both business and personal use, consult your accountant or the IRS to see how you should track its value.
Other Assets	Accumulated Amortization of Other Assets	Use Accumulated amortization of other assets to track how much you've amortized asset whose type is Other Asset.
Other Assets	Goodwill	Use Goodwill only if you have acquired another company. It represents the intangible assets of the acquired company which gave it an advantage, such as favorable government relations, business name, outstanding credit ratings, location, superior management, customer lists, product quality, or good labor relations.
Other Assets	Lease Buyout	Use Lease buyout to track lease payments to be applied toward the purchase of a leased asset. You don't track the leased asset itself until you purchase it.
Other Assets	Licenses	Use Licenses to track non-professional licenses for permission to engage in an activity, like selling alcohol or radio broadcasting. For fees associated with professional licenses granted to individuals, use a Legal & professional fees expense account, instead.
Other Assets	Organizational Costs	Use Organizational costs to track costs incurred when forming a partnership or corporation. The costs include the legal and accounting costs necessary to organize the company, facilitate the filings of the legal documents, and other paperwork.
Other Assets	Other Long-term Assets	Use Other long-term assets to track assets not covered by other types. Long-term assets are expected to provide value for more than one year
Other Assets	Security Deposits	Use Security deposits to track funds you've paid to cover any potential costs incurred by damage, loss, or theft. The funds should be returned to you at the end of the contract. If you collect deposits, use an Other current liabilities account type (an Other current liability account).
Accounts Payable (A/P)	Accounts Payable (A/P)	Accounts payable (also called A/P) tracks amounts you owe to your vendors and suppliers. QuickBooks Online automatically creates one Accounts Payable account for you. Most businesses need only one.
Credit Card	Credit Card	Credit card accounts track the balance due on your business credit cards. Create one Credit card account for each credit card account your business uses.
Other Current Liabilities	Federal Income Tax Payable	Use Federal Income Tax Payable if your business is a corporation, S corporation, or limited partnership keeping records on the accrual basis. This account tracks income tax liabilities in the year the income is earned.
Other Current Liabilities	Insurance Payable	Use Insurance payable to keep track of insurance amounts due. This account is most useful for businesses with monthly recurring insurance expenses such as Workers' Compensation.
Other Current Liabilities	Line of Credit	Use Line of credit to track the balance due on any lines of credit your business has. Each line of credit your business has should have its own Line of credit account.
Other Current Liabilities	Loan Payable	Use Loan payable to track loans your business owes which are payable within the next twelve months. For longer-term loans, use the Long-term liability called Notes payable, instead.
Other Current Liabilities	Other Current Liabilities	Use Other current liabilities to track liabilities due within the next twelve months that do not fit the Other current liability account types.
Other Current Liabilities	Payroll Clearing	Use Payroll clearing to keep track of any non-tax amounts that you have deducted from employee paychecks or that you owe as a result of doing payroll. When you forward money to the appropriate vendors, deduct the amount from the balance of this account. Do not use this account for tax amounts you have withheld or owe from paying employee wages. For those amounts, use the Payroll tax payable account instead.
Other Current Liabilities	Payroll Tax Payable	Use Payroll tax payable to keep track of tax amounts that you owe to Federal, State, and Local government agencies as a result of paying wages and taxes you have withheld from employee paychecks. When you forward the money to the government agency, deduct the amount from the balance of this account.
Other Current Liabilities	Prepaid Expenses Payable	Use Prepaid expenses payable to track items such as property taxes that are due, but not yet deductible as an expense because the period they cover has not yet passed.
Other Current Liabilities	Rents in trust – Liability	Use Rents in trust – liability to offset the Rents in trust amount in assets. Amounts in these accounts are held by your business on behalf of others. They do not belong to your business, so should not appear to be yours on your balance sheet. This "contra" account takes care of that, as long as the two balances match.
Other Current Liabilities	Sales Tax Payable	Use Sales tax payable to track sales tax you have collected, but not yet remitted to the State
Other Current Liabilities	State/Local Income Tax Payable	Use State/local income tax payable if your business is a corporation, S corporation, or limited partnership keeping records on the accrual basis. This account tracks income tax liabilities in the year the income is earned.
Other Current Liabilities	Trust Accounts – Liabilities	Use Trust accounts – liabilities to offset Trust accounts in assets. Amounts in these accounts are held by your business on behalf of others. They do not belong to your business, so should not appear to be yours on your balance sheet. This "contra" account takes care of that, as long as the two balances match.
Other Current Liabilities	Undistributed Tips	These are for retail businesses that receive Tips from customers, but are payable (or a portion is) to Employees
Long Term Liabilities	Notes Payable	Use Notes payable to track the amounts your business owes in long-term (over twelve months) loans. For shorter loans, use the Other current liability account type called Loan payable, instead.
Long Term Liabilities	Other Long Term Liabilities	Use Other long term liabilities to track liabilities due in more than twelve months that don't fit the other Long-term liability account types.
Long Term Liabilities	Shareholder Notes Payable	Use Shareholder notes payable to track long-term loan balances your business owes its shareholders.
Equity	Accumulated Adjustment	S corporations use this account to track adjustments to owner's equity that are not attributable to net income. S Corporations Only
Equity	Common Stock	Corporations use Common stock to track shares of its common stock in the hands of shareholders. The amount in this account should be the stated (or par) value of the stock. All Entities
Equity	Estimated Taxes	Personal Income Taxes pre-paid by the entity in behalf of owners, shareholders, and/or partners. All Entities
Equity	Healthcare	Personal healthcare expenses paid in behalf of owners, shareholders, and/or partners. All Entities
Equity	Opening Balance Equity	QuickBooks Online creates this account the first time you enter an opening balance for a balance sheet account. As you enter opening balances, QuickBooks Online records the amounts in Opening balance equity. This ensures that you have a correct balance sheet for your company, even before you've finished entering all your company's assets and liabilities. All Entities
Equity	Owner's Equity	S corporations use Owner's equity to show the cumulative net income or loss of their business as of the beginning of the fiscal year. S Corporations Only
Equity	Paid-In Capital or Surplus	Corporations use Paid-in capital to track amounts received from shareholders in exchange for stock that are over and above the stock's stated (or par) value. C Corporations Only
Equity	Partner Contributions	Partnerships use Partner contributions to track amounts partners contribute to the partnership during the year. Partnerships Only
Equity	Partner Distributions	Partnerships use Partner distributions to track amounts distributed by the partnership to its partners during the year. Don't use this for regular payments to partners for interest or service. For regular payments, use a Guaranteed payments account (a Expense account in Payroll expenses), instead. Partnerships Only
Equity	Partner's Equity	Partnerships use Partner's equity to show the income remaining in the partnership for each partner as of the end of the prior year. Partnerships Only
Equity	Personal Expense	Any expenses made by the business that would otherwise be personal expenses paid in behalf of owners, shareholders, and/or partners. All Entities
Equity	Personal Income	Any Income received by the business that would otherwise be personal income to owners, shareholders, and/or partners. All Entities
Equity	Preferred Stock	Corporations use this account to track shares of its preferred stock in the hands of shareholders. The amount in this account should be the stated (or par) value of the stock.  C Corporations Only
Equity	Retained Earnings	QuickBooks Online adds this account when you create your company. Retained earnings tracks net income from previous fiscal years. QuickBooks Online automatically transfers your profit (or loss) to Retained earnings at the end of each fiscal year. CANNOT BE DELETED. All Entities
Equity	Treasury Stock	Corporations use Treasury stock to track amounts paid by the corporation to buy its own stock back from shareholders. C Corporations Only
Equity	Dividends Paid	Corporations use this to pay their shareholders a portion of the profits. C Corporations Only

PROFIT AND LOSS ACCOUNTS

Income	Discounts/Refunds Given	Use Discounts/refunds given to track discounts you give to customers. This account typically has a negative balance so it offsets other income.For discounts from vendors, use an expense account, instead.
Income	Non-Profit Income	Use Non-profit income to track money coming in if you are a non-profit organization.
Income	Other Primary Income	Use Other primary income to track income from normal business operations that doesn't fall into another Income type.
Income	Sales	General revenue account to track all sales. CANNOT BE DELETED.
Income	Sales of Product Income	Use Sales of product income to track income from selling products. This can include all kinds of products, like crops and livestock, rental fees, performances, and food served.
Income	Service/Fee Income	Use Service/fee income to track income from services you perform or ordinary usage fees you charge. For fees customers pay you for late payments or other uncommon situations, use an Other Income account type called Other miscellaneous income, instead.
Income	Unapplied Cash Payment Income	Unapplied Cash Payment Income reports the Cash Basis income from customers payments you've received but not applied to invoices or charges. In general, you would never use this directly on a purchase or sale transaction. The IRS calls this "Constructive Receipt Income." See Publication 538.
Income	Uncategorized Income	Default Account created by QuickBooks Online to assign unknown bank deposits. CANNOT BE DELETED
Cost of Goods Sold	Cost of labor – COS	Use Cost of labor – COS to track the cost of paying employees to produce products or supply services. It includes all employment costs, including food and transportation, if applicable.
Cost of Goods Sold	Equipment Rental – COS	Use Equipment rental – COS to track the cost of renting equipment to produce products or services. If you purchase equipment, use a Fixed Asset account type called Machinery and equipment.
Cost of Goods Sold	Other Costs of Services – COS	Use Other costs of service – COS to track costs related to services you provide that don't fall into another Cost of Goods Sold type.
Cost of Goods Sold	Shipping, Freight & Delivery – COS	Use Shipping, freight & delivery – COGS to track the cost of shipping products to customers or distributors.
Cost of Goods Sold	Supplies & Materials – COGS	Use Supplies & materials – COGS to track the cost of raw goods and parts used or consumed when producing a product or providing a service.
Expenses	Advertising/Promotional	Use Advertising/promotional to track money spent promoting your company. Usually: Ads, business cards, and other marketing costs You may want different accounts of this type to track different promotional efforts (Yellow Pages, newspaper, radio, flyers, events, and so on).If the promotion effort is a meal, use Promotional meals instead.
Expenses	Auto	Use Auto to track costs associated with vehicles. You may want different accounts of this type to track gasoline, repairs, and maintenance.If your business owns a car or truck, you may want to track its value as a Fixed Asset, in addition to tracking its expenses.
Expenses	Auto:Fuel	Fuel / Gas paid for business vehicle usage
Expenses	Auto:Parking and Tools	Parking and Tools paid for business vehicle usage
Expenses	Auto:Auto Insurance	Insurance paid for business vehicle usage
Expenses	Auto:Auto Repairs and Maintenance	Repairs and Maintenance paid for business vehicle usage
Expenses	Auto:Auto Lease Payment	Lease Payment paid for business vehicle usage.  For vehicles that are finances, you need to split the payment to pay off the bank loan (liability) and the interest (expense) for each payment.
Expenses	Auto:Mileage Reimbursement	Reimbursement for business use of vehicles to an employee of the business
Expenses	Bad Debts	Use Bad debt to track debt you have written off.
Expenses	Bank Charges	Use Bank charges for any fees you pay to financial institutions.
Expenses	Charitable Contributions	Use Charitable contributions to track gifts to charity. NOTE: These are generally NOT deductible by the business for Sole Proprietorships, S Corporations, and Partnerships (they might be deductible to the individual owners/partners).  C Corporations generally can deduct Charitable Contributions
Expenses	Cost of Labor	Use Cost of labor to track the cost of paying employees to produce products or supply services. It includes all employment costs, including food and transportation, if applicable.This account is also available as a Cost of Goods Sold (COGS) account. Use this one for indirect/admin cost of labor or "casual overhead labor" for non-employees
Expenses	Dues & subscriptions	Use Dues & subscriptions to track dues & subscriptions related to running your business. You may want different accounts of this type for professional dues, fees for licenses that can't be transferred, magazines, newspapers, industry publications, or service subscriptions.
Expenses	Entertainment	Use Entertainment to track events to entertain employees. If the event is a meal, use Entertainment meals, instead.  Generally, "Entertainment" is not deductible post-2018 tax law change
Expenses	Entertainment Meals	Use Entertainment meals to track how much you spend on dining with your employees to promote morale. If you dine with a customer to promote your business, use a Promotional meals account, instead. Be sure to include who you ate with and the purpose of the meal when you enter the transaction.  Meals are tricky for deductibility, Generally "working meals" are deductible up to 50%
Expenses	Equipment Rental	Use Equipment rental to track the cost of renting equipment to produce products or services. This account is also available as a Cost of Goods (COGS) account.  This is is used, when the rental is NOT directly tied to customers or projects. If you purchase equipment, use a Fixed Asset account type called Machinery and equipment.
Expenses	Finance costs	The cost of using credit to leverage a purchase, this is similar to Interest Expense, but some non-banking institutions call is "Finance Cost" instead.
Expenses	Insurance	Use Insurance to track insurance payments. You may want different accounts of this type for different types of insurance (auto, general liability, and so on).  Health Insurance  paid for an owner or partner should be tracked separately for Sole Proprietorships, S Corporations, and Partnerships
Expenses	Interest Paid	Use Interest paid for all types of interest you pay, including mortgage interest, finance charges on credit cards, or interest on loans.
Expenses	Legal & Professional Fees	Use Legal & professional fees to track money to pay to professionals to help you run your business. You may want different accounts of this type for payments to your accountant, lawyer, or other consultants.
Expenses	Office/General Administrative Expenses	Use Office/general administrative expenses to track all types of general or office-related expenses.
Expenses	Other Business Expenses	For any other expense that does not fit any other category in the Chart of Accounts.
Expenses	Other Miscellaneous Service Cost	Use Other miscellaneous service cost to track costs related to providing services that don't fall into another Expense type. This account is also available as a Cost of Goods Sold (COGS) account.  Use this one for indirect/admin misc. service costs only.
Expenses	Uncategorized Expense	Default account created by QuickBooks Online to assign unknown bank or credit card expenses. CANNOT BE DELETED
Expenses	Payroll Expenses	Use Payroll expenses to track payroll expenses. You may want different accounts of this type for things like: Compensation of officers Workers compensation Salaries and wages Payroll taxes
Expenses	Payroll Expenses:Compensation of officers	Subcategory of Payroll Expenses to track Gross Compensation of officers
Expenses	Payroll Expenses:Workers compensation	Subcategory of Payroll Expenses to track Workers compensation Insurance
Expenses	Payroll Expenses:Salaries and wages	Subcategory of Payroll Expenses to track Gross Salaries and wages
Expenses	Payroll Expenses:Payroll taxes	Subcategory of Payroll Expenses to track Employer paid Payroll taxes
Expenses	Guaranteed payments	Payments made to partner(s) for services rendered in lew of Payroll and before calculating profitability for making partner's distributions. Partnerships Only
Expenses	Promotional Meals	Use Promotional meals to track how much you spend dining with a customer to promote your business. Be sure to include who you ate with and the purpose of the meal when you enter the transaction.
Expenses	Rent or Lease of Buildings	Use Rent or lease of buildings to track rent payments you make.
Expenses	Repair & Maintenance	Use Repair & maintenance to track any repairs and periodic maintenance fees. You may want different accounts of this type to track different types repair & maintenance expenses (auto, equipment, landscape, and so on).
Expenses	Shipping, Freight & Delivery	Use Shipping, freight & delivery to track the cost of shipping products to customers or distributors. You might use this type of account for incidental shipping expenses, and the Cost of Goods Sold type of Shipping, freight & delivery account for direct costs.This account is also available as a Cost of Goods Sold account.  USe this account only for indirect/admin Shipping expenses
Expenses	Supplies & Materials	Use Supplies & materials to track the cost of raw goods and parts used or consumed when producing a product or providing a service. This account is also available as a Cost of Goods Sold account.  USe this account only for indirect/admin Shipping expenses
Expenses	Taxes Paid	Use Taxes paid to track taxes you pay. You may want different accounts of this type for payments to different tax agencies (sales tax, state tax, federal tax).  Different taxes have different treatment towards calculating net income
Expenses	Sales Tax Paid	Generally, Sales taxes are tracked in the Sales Tax Liability account with invoices that were used to collect sales tax from customers, but if a Sales Tax is paid as a cost of doing business, then this category could be used
Expenses	State Tax Paid	Some entities pay state income tax, this would be the category to use for that
Expenses	Federal Tax Paid	This category can be used to track Federal Taxes paid quarterly or at year end; but only for the businesses Federal Income Tax (Generally only for C Corporations)
Expenses	Travel	Use Travel to track travel costs. For food you eat while traveling, use Travel meals, instead.
Expenses	Travel Meals	Use Travel meals to track how much you spend on food while traveling. If you dine with a customer to promote your business, use a Promotional meals account, instead.If you dine with your employees to promote morale, use Entertainment meals, instead.
Expenses	Unapplied Cash Bill Payment Expense	Unapplied Cash Bill Payment Expense reports the Cash Basis expense from vendor payment checks you've sent but not yet applied to vendor bills. In general, you would never use this directly on a purchase or sale transaction. See IRS Publication 538.
Expenses	Utilities	Use Utilities to track utility payments. You may want different accounts of this type to track different types of utility payments (gas and electric, telephone, water, and so on).
Expenses	Ask My Accountant	Flagged to review with your accountant.
Expenses	Contractors	Services provided by 1099 contractors, such as landscapers, electricians, and web designers
Expenses	Job Supplies	Supplies you bought to complete a job (not products you sell to customers)
Expenses	Legal & Professional Services	Professional services including legal, financial, accounting, and payroll
Expenses	Meals & Entertainment	Client meals and entertainment and travel meals (business-related only)
Expenses	Office Supplies & Software	Office, kitchen, and bathroom supplies, including software under $2,500
Expenses	Reimbursable Expenses	Purchases you made for a customer that they will reimburse
Expenses	Rent & Lease	Office space, storage, vehicle, machinery, and equipment rentals and leases (short or long-term)
Expenses	Repairs & Maintenance	Repairs, maintenance, and cleaning for office space and equipment
Expenses	Taxes & Licenses	Property and business taxes, licenses, memberships, and permits (not sales tax)
Other Income	Dividend Income	Use Dividend income to track taxable dividends from investments.
Other Income	Interest Earned	Use Interest earned to track interest from bank or savings accounts, investments, or interest payments to you on loans your business made.
Other Income	Other Investment Income	Use Other investment income to track other types of investment income that isn't from dividends or interest.
Other Income	Other Miscellaneous Income	Use Other miscellaneous income to track income that isn't from normal business operations, and doesn't fall into another Other Income type.
Other Income	Tax-Exempt Interest	Use Tax-exempt interest to record interest that isn't taxable, such as interest on money in tax-exempt retirement accounts, or interest from tax-exempt bonds.
Other Expense	Amortization	Use Amortization to track amortization of intangible assets. Amortization is spreading the cost of an intangible asset over its useful life, like depreciation of fixed assets.You may want an amortization account for each intangible asset you have.
Other Expense	Depreciation	Use Depreciation to track how much you depreciate fixed assets. You may want a depreciation account for each fixed asset you have.
Other Expense	Penalties & Settlements	Use Penalties & settlements to track money you pay for violating laws or regulations, settling lawsuits, or other penalties.

Quasi-Personal Expense Accounts (Home Office and Personal Vehicle)

Other Expense	Home Office	This Home Office OTHER EXPENSE is used for expenses that can be mixed used with personal expenses, so they are categorized as 'Other Expenses' instead so they are looked like more closely by accountant for tax return preparation
Other Expense	Homeowner Rental Insurance	This Homeowner Rental Insurance OTHER EXPENSE is used for expenses that can be mixed used with personal expenses, so they are categorized as 'Other Expenses' instead so they are looked like more closely by accountant for tax return preparation
Other Expense	Mortgage Interest Home Office	This Mortgage Interest Home Office OTHER EXPENSE is used for expenses that can be mixed used with personal expenses, so they are categorized as 'Other Expenses' instead so they are looked like more closely by accountant for tax return preparation
Other Expense	Other Home Office Expenses	This Other Home Office Expenses OTHER EXPENSE is used for expenses that can be mixed used with personal expenses, so they are categorized as 'Other Expenses' instead so they are looked like more closely by accountant for tax return preparation
Other Expense	Other Miscellaneous Expense	Use Other miscellaneous expense to track unusual or infrequent expenses that don't fall into another Other Expense type. If an expense is directly related to providing a service, use an Expense type (not an Other Expense type) account called Other miscellaneous service cost.
Other Expense	Other Vehicle Expenses	This Other Vehicle Expenses OTHER EXPENSE is used for expenses that can be mixed used with personal expenses, so they are categorized as 'Other Expenses' instead so they are looked like more closely by accountant for tax return preparation
Other Expense	Parking and Tolls	This Parking and Tolls OTHER EXPENSE is used for expenses that can be mixed used with personal expenses, so they are categorized as 'Other Expenses' instead so they are looked like more closely by accountant for tax return preparation
Other Expense	Rent and Lease Home Office	This Rent and Lease Home Office OTHER EXPENSE is used for expenses that can be mixed used with personal expenses, so they are categorized as 'Other Expenses' instead so they are looked like more closely by accountant for tax return preparation
Other Expense	Repairs and Maintenance Home Office	This Repairs and Maintenance Home Office OTHER EXPENSE is used for expenses that can be mixed used with personal expenses, so they are categorized as 'Other Expenses' instead so they are looked like more closely by accountant for tax return preparation
Other Expense	Utilities Home Office	This Utilities Home Office OTHER EXPENSE is used for expenses that can be mixed used with personal expenses, so they are categorized as 'Other Expenses' instead so they are looked like more closely by accountant for tax return preparation
Other Expense	Vehicle	This Vehicle OTHER EXPENSE is used for expenses that can be mixed used with personal expenses, so they are categorized as 'Other Expenses' instead so they are looked like more closely by accountant for tax return preparation
Other Expense	Vehicle Insurance	This Vehicle Insurance OTHER EXPENSE is used for expenses that can be mixed used with personal expenses, so they are categorized as 'Other Expenses' instead so they are looked like more closely by accountant for tax return preparation
Other Expense	Vehicle Lease	This Vehicle Lease OTHER EXPENSE is used for expenses that can be mixed used with personal expenses, so they are categorized as 'Other Expenses' instead so they are looked like more closely by accountant for tax return preparation
Other Expense	Vehicle Loan	This Vehicle Loan OTHER EXPENSE is used for expenses that can be mixed used with personal expenses, so they are categorized as 'Other Expenses' instead so they are looked like more closely by accountant for tax return preparation
Other Expense	Vehicle Loan Interest	This Vehicle Loan Interest OTHER EXPENSE is used for expenses that can be mixed used with personal expenses, so they are categorized as 'Other Expenses' instead so they are looked like more closely by accountant for tax return preparation
Other Expense	Vehicle Registration	This Vehicle Registration OTHER EXPENSE is used for expenses that can be mixed used with personal expenses, so they are categorized as 'Other Expenses' instead so they are looked like more closely by accountant for tax return preparation
Other Expense	Vehicle Repairs	This Vehicle Repairs OTHER EXPENSE is used for expenses that can be mixed used with personal expenses, so they are categorized as 'Other Expenses' instead so they are looked like more closely by accountant for tax return preparation
Other Expense	Wash and Road Services	This Wash and Road Services OTHER EXPENSE is used for expenses that can be mixed used with personal expenses, so they are categorized as 'Other Expenses' instead so they are looked like more closely by accountant for tax return preparation

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How to Edit Account Name in Quickbooks Online

Source: https://quickbooks-training.net/quickbooks-online-categories-chart-of-accounts/

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