Solved

Adding sub accounts

Forum|Forum|6 years ago
July 1, 2020
2 replies
7 views

I have a main bank account but it allows me to have pots or what they call 'spaces' which allow me to transfer money to. I use these spaces for example - 'Vat', 'Tax', 'Savings'.

This allows me to move money away from the main account so I don't spend it! How can I manage that in Quickbooks, please?

I can't seem to add another account without going through the process of linking up the account online and I don't want to do that as I've already linked the main account.

Thanks in advance.

QuickBooks Online

Best answer by payment after leaving

Hi cubelab

You would have to create an asset account, from within the chart of accounts, and allocate/enter the account in the category field when the amounts appear in the for review section. To create the asset account select accounting > chart of accounts > New > in the account type field select current assets > in the detail type select other current assets > Name the account in the Name field > save and close.

P

payment after leavingAnswer

Level 10

Hi cubelab

You would have to create an asset account, from within the chart of accounts, and allocate/enter the account in the category field when the amounts appear in the for review section. To create the asset account select accounting > chart of accounts > New > in the account type field select current assets > in the detail type select other current assets > Name the account in the Name field > save and close.

C

cubelabAuthor

Worked perfectly, thank you!

Sign up

Login with SSO

Let's get you signed in

Login with SSO