About account groups

An account group is a grouping of selected accounts from your chart of accounts which can be summarized or subtotaled on financial reports.

You select an account group for an account when setting up your chart of accounts. You use an account group to summarize or subtotal information on reports for a group of accounts.

For example, you want to see a subtotal for all your cash accounts (Petty Cash, Checking, and Savings) on your financial reports. You add an account group that you name Cash. For the Petty Cash, Checking, and Savings accounts, you select Cash as the account group.