Why is the customer interview process important with regard to the Chart of Accounts (COA)?

Why is the customer interview process important with regard to the Chart of Accounts (COA)?

Part 1

Why is the customer interview process important with regard to the Chart of Accounts (COA)? Why would you customize a COA to a specific business? How would the COA differ for a service business versus a retail business that sells products?

Part 2

Read the Forbes article Starting a Business: Tips For Using QuickBooks Online (Links to an external site.). Why is QuickBooks a better option than a manual accounting process when it comes to dealing with vendors and customers? What advice would you give to a business owner who says he or she does not have time to learn an accounting software system like QuickBooks?

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Why is the customer interview process important with regard to the Chart of Accounts (COA)

APA

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