Wondering chart of accounts in quickbooks online? It takes a few simple steps to accomplish the task. The chart of accounts in QuickBooks includes a list of all your accounts. When you create a company file in QuickBooks, the program customizes your chart of accounts automatically based on your business entity. Setting up QuickBooks chart of accounts takes three simple steps. In the first place, you need to click on the Gear icon to go to the Chart of Accounts. Thereafter, complete the Account Setup Screen to proceed further in the task. Once done, save your new chart of accounts. After creating the chart of accounts in QuickBooks online, you can make the required editing as per your varying needs.