How to Add Sub-Accounts in QuickBooks?

How to Add Sub-Accounts in
QuickBooks?
QuickBooks not just facilitate you to manage your accounts by maintaining
records. It also provides you the ability to add sub-accounts under the
main account heading. This method provided by QuickBooks Technical
Support Team permits you to maintain your expenses not just according
to the type such as bonus but also allows you to expand it in the
subheadings, according to the reason for which you are providing the
bonus: like New Year bonus, festval bonus, etc. The process to add subaccounts is quite simple and ofers a straightorward soluton to examine
all the expenditure under the main heading.
Method to set Sub-Accounts:
 Open the List Menu and select the “Chart of Account”. Move the
cursor to the botom of the page and select “New” from the
“Accounts” opton.
 Select the Sub-Account Type from the drop-down list. The Type of
the subaccount should match the type for the main account. Select
from these optons: “Income”, “Expense”, “Liability”, “Asset or
“Bank”. Add a check Mark on the box “Sub-Account of”
 Open the drop-down list for the “Tax Line” and select the tax line
afer consultng with your accountant. You need to Provide tax lines
only once to your sub-accounts.
 Next, you need to Enter a Startnn Balance in that feld. Leave the
startng balance as zero if this account is new and you have yet not
made any transactons. Click the OK buton afer providing for this
feld.
Connect QuickBooks for further help:
Adding sub-accounts is also helpful when a single account on the charts
seems to cover too much data. It breaks the heading into subheadings and
enables the user to save the details into sub-account. Although the process
of adding them to your QuickBooks chart is not troublesome once you are
QuickBooks
Technical Support Number Canada 1-844-888-3870 if you fnd
familiar with the process. You can also connect to our
any difculty amidst the process. You can also ask experts if you are unable
to connect your accountant for the tax line. Our technicians are highly
trained to trigger every distress of yours.
Orininal source