Blog Post
How to Add Sub-Accounts in QuickBooks?
- By qbstechnicalhelpca
- •
- 17 Apr, 2018
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, festival bonus, etc. The process to add sub-accounts is quite simple and offers a straightforward solution to examine all the expenditure under the main heading.
Method to set Sub-Accounts:
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 familiar with the process. You can also connect to our QuickBooks Technical Support Number Canada 1-844-888-3870 if you find any difficulty 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.
Original source
Method to set Sub-Accounts:
- Open the List Menu and select the “Chart of Account”. Move the cursor to the bottom of the page and select “New” from the “Accounts” option.
- 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 options: “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 after consulting with your accountant. You need to Provide tax lines only once to your sub-accounts.
- Next, you need to Enter a Starting Balance in that field. Leave the starting balance as zero if this account is new and you have yet not made any transactions. Click the OK button after providing for this field.
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 familiar with the process. You can also connect to our QuickBooks Technical Support Number Canada 1-844-888-3870 if you find any difficulty 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.
Original source
QuickBooks allows you to edit a paycheck that has not been transmitted to the payroll service, contains wrong information or is a duplicate. This whole process is pretty easy and can be done in no time but the thing is that the Quickbooks Customer Support has stated that one must first locate the paycheck that he wants to edit.
The month end is coming its way and your employees are looking forward to a credit in their accounts. These are amongst the thousands of others that you need to pay to.
Intuit is a company which is famous for its accounting software, it helps small and medium businessmen to maintain their sale, prepare for tax and other accounts related things. QuickBooks is one such product, it manages data in a chronological and systematic manner so that user can easily go through it and can tally it with a hard copy or the bank statement. It automatically shows the profit and loss, generates balance sheet, financial invoice and Inventory records. This application is very simple to use and also helps you to get a loan and pursue the investment.
Sometimes, it becomes very tough to find out the right institution to set up online banking with the QBs online software. There may be various reasons behind this issue. Let’s have a quick view of the solution.
This Accounting Software divides the incoming payments into two parts: Deposited payments and Undeposited payments. The first category is used for those payments that you individually record or deposit into the bank and the second category is used when you receive small payments throughout the day like a cash register and then deposit all the money together. By chance, if you make a mistake in the entry or decide not to accept payment, at that time you can simply edit this transaction or you can completely delete any of the payment types.
The necessity of having accounting software cannot be denied in a highly competitive age like ours. The developing businessmen find it slightly complicated to decide the perfect software to handle their accounts department. If you too are having the same problem, then you should read this article further as we have found out some factors which you must keep in mind while deciding the software for your business.
Search for the top companies
There are several companies that are supplying assistance for accountants and bookkeepers. QuickBooks, which is a product of Intuit, is one of them. They have been developing programs to help the accounting section of businesses and also provide one of the best Technical Support. You are not supposed to select any company just because it is famous; rather choose a company that fulfills your requirements.
Reflect upon these factors before selecting software
These are some factors that you should keep in mind while choosing the perfect accounting solution for your business. We hope that it would be helpful for you, but in case you are triggered by more queries and need further suggestions, then you can simply dial our QuickBooks Support Number 1-844-562-9111 . There you will be able to talk to the professionals and seek their guidance to get your queries resolved.
Original source
Search for the top companies
There are several companies that are supplying assistance for accountants and bookkeepers. QuickBooks, which is a product of Intuit, is one of them. They have been developing programs to help the accounting section of businesses and also provide one of the best Technical Support. You are not supposed to select any company just because it is famous; rather choose a company that fulfills your requirements.
Reflect upon these factors before selecting software
- Shortlist the companies that you have heard and check their ranks
- Make sure that they are proficient in supplying accounting and related solutions
- Go for a business evaluation depending upon the current state of the market
- Consult with your bookkeeper or the accountant who is handling your work to make sure your actual requirements. You must focus on your needs, not desires.
- Check for the companies that your contemporaries are inclining towards, you may learn many things from them.
- The process of shifting from your current method to the accounting solutions should not result is complete chaos. Choose the company which provides the smooth solutions and easy to operate actions
- Operating these solutions should also not be a tiresome activity. The process of handling that data and the steps to deal with the new system should be simple and straightforward. It should be easy for the staff to understand the process with a quick training.
These are some factors that you should keep in mind while choosing the perfect accounting solution for your business. We hope that it would be helpful for you, but in case you are triggered by more queries and need further suggestions, then you can simply dial our QuickBooks Support Number 1-844-562-9111 . There you will be able to talk to the professionals and seek their guidance to get your queries resolved.
Original source
