1010 Checking
The default ledger account paired with your primary business checking account. Most money in and out passes through it.
In Solo Superstars
Your first bank account pairs with this code. Every categorized transaction on that account is one side of an entry here; the other side is the category you chose.
Example
A $1,164 Stripe payout lands: debit 1010 Checking 1,164, credit 1310 Stripe Clearing 1,164.
Codes shown are the defaults a new workspace starts with. Yours may be renamed or renumbered — check Accounting › Chart of accounts. See the full default chart.
Also called
- checking account
- operating account
Related
- Bank account — A real place money lives: checking, savings, a credit card, a line of credit, cash on hand. Each one gets its own ledger account automatically.
- Bank transaction — One line from your bank: a deposit, a charge, a fee, a transfer. Imported from a statement, entered by hand, or synced.
- Chart of accounts — The list of buckets your money can be sorted into: assets, liabilities, equity, revenue, expenses. New workspaces start with a default set you can rename or extend.
- Default chart — The chart of accounts every new workspace starts with, numbered the way QuickBooks users expect. Yours may have been renamed or extended since.