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Tapping Category in the Account Details screen displays the category selection form. Accounts in EasyBooks fall into the following major categories:

• Bank Accounts - Used to represent real bank accounts, credit cards and personal expenses.
• Expense Accounts - Purchasing expense items reduces your profit. These are your costs of doing business.
• Income Accounts - Used to record your revenue for the tax year.
• Customer Accounts - Used to keep track of money owed by your customers.
• Supplier Accounts - Used to keep track of money you owe to your suppliers.
• Assets - Assets not classed as bank accounts and customer accounts represent money owned by your business. Note that purchasing assets does not affect your profit.
• Liabilities - Liabilities not already classed as suppliers represent money you owe.
• Equity - Represents the "book value" of your business. Note this usually underestimates the true value as you may be able to sell any stock at a higher price than the original cost.
• Other Accounts - Used to keep track of VAT from sales and purchases.

Each major category is divided into a number of more focused categories. EasyBooks uses these to correctly categorise your accounts when shown in the reports.