cash equivalents: There is no “bank” account type to choose from when setting up a new chart of account? (I can only choose “Cash and cash equivalents”?
The Bank detail type in the Chart of Accounts is for the International versions of QBO. Since you’re using QBO in Australia, you can use Cash and cash Equivalents as the Detail Type. I’ve edited my answer above to ensure that you can follow the correct type to use when […]
Resolution for 'cash equivalents issue: 'There is no “bank” account type to choose from when setting up a new chart of account? (I can only choose “Cash and cash equivalents”?' available: Yes.
The cash equivalents issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the cash equivalents issue yourself by looking for a resolution described in the article. If it is a complex cash equivalents issue or you are unable to solve the issue, you may contact us by clicking here or by using other cash equivalents support options.
For more information about resolving issues related to cash equivalents in Quickbooks/QBO or to get support for the issue 'There is no “bank” account type to choose from when setting up a new chart of account? (I can only choose “Cash and cash equivalents”?', click the link below: