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clydeh
Level 1

Chart of accounts

How many sub-accounts can an account code have?

1 Comment 1
IntuitAika
Intuit

Chart of accounts

Hi clydeh,

 

Thanks for posting in the Community! There's no limit on the number of sub-accounts you can add on a parent account. Let me show you how to add a sub-account under an existing account.

 

  1. Go to Gear ⚙ icon and select Chart of accounts.
  2. Select New.
  3. Select the Account Type and Detail Type
  4. Select Is sub-account and then enter the parent account.
  5. Give your new sub-account a name. You can also add a description.
  6. For the As of date, tell QuickBooks when you want your account to start. Then add the Balance in the account as of the date you choose.
  7. Select a Default GST Code. Note: Only some account types need this, like bank, credit card, asset, and liability. If you need help, you can learn more about opening balances.
  8. Select Save and Close.

 

You can also check this article for more information: Create subaccounts in your chart of accounts in QuickBooks Online.

 

Feel free to drop a comment below if you have any other questions. Have a great day!