The Chart of Accounts (COA) determines where each transaction appears on your QuickBooks financial reports — P&L, balance sheet, and others. Mapping it correctly in Floorzap ensures your reporting is accurate and useful.
Key Account Mappings
When setting up your COA in Floorzap's QBO integration settings, use these mappings as a guide:
Referral Expense — Map to an Advertising account.
Taxes & Licenses — This field is for vendor bills, not sales tax. Map to Cost of Goods Sold (COGS) if applicable.
Freight Income — Map for freight charges billed to customers on invoices.
Shipping/Freight Costs — Map for freight costs on vendor bills.
Taxes & Licenses is a common source of confusion — it does not apply to sales tax collected from customers. It applies to taxes on vendor bills only.
Granular Category Mapping
For more detailed P&L reporting, you can map specific product or labor categories (e.g., "Carpet," "Tile Labor") to their own unique COA accounts in QBO. This lets you break down revenue and costs by product or service type directly in your financial reports.
To set this up, go to Settings → Integrations → QuickBooks → Chart of Accounts and assign the appropriate QBO account to each category.
📎 Related: QuickBooks: Sync Workflow & Troubleshooting