This form allows to rename built-in Billable expenses account.
To access this form, go to Settings, then Chart of Accounts, then click Edit button for Billable expenses account.
The form contains the following fields:
Enter the name for this account. The default name is Billable expenses, but you can rename it to better suit your business needs.
Optionally, enter an account code. Codes help organize accounts and can be used for searching and sorting in reports.
Select the Balance Sheet group where this account should appear. This determines its placement on the balance sheet report.
If you are using Tax Codes, you can select a default tax code that will be automatically applied when this account is selected in transactions.
Click Update button to save your changes.
This account cannot be deleted, it is automatically added to your Chart of Accounts when you have categorized at least one transaction as billable expense.
For more information see: Billable Expenses