Final answer:
QBO enables the display of account numbers in the Chart of Accounts by turning on the setting in 'Account and Settings' under the 'Advanced' tab. This feature helps with organization and ease of account identification.
Step-by-step explanation:
QuickBooks Online (QBO) allows users to display account numbers in the Chart of Accounts by enabling the feature in the account settings. In QBO, account numbers can be helpful for organizing and identifying accounts more easily, especially for those who prefer or are used to a numerical system for accounting.
Steps to Enable Account Numbers in QBO
Go to the 'Settings' menu (represented by a gear icon).
Select 'Account and Settings'.
Navigate to the 'Advanced' tab.
In the 'Chart of Accounts' section, find the option for 'Enable Account Numbers' and toggle it on.
If desired, you can also enable the setting to 'Show account numbers'.
After following these steps, the account numbers will be visible next to the account names in the Chart of Accounts, providing an additional layer of organization.