Hello there, Orchidsand. Let me share how Monzo pots work in QuickBooks Online.
The pots help you organize and set aside money for specific purposes, such as saving for a trip, paying bills, or achieving other financial goals. However, they are more like sub-accounts within your main Monzo account.
If you've connected your Monzo to QuickBooks, we can create Monzo as a parent account and then set up the pot underneath it as a subaccount.
Please know that when the Monzo parent account is connected, QuickBooks shows the total combined balance, including all sub-account pots. However, QuickBooks Online cannot display or access the individual balances of the separate pot sub-accounts.
Additionally, if you need guidance on managing parent and sub-accounts or categorizing transfers from the main account, I recommend consulting your accountant for expert advice.
Let me know if you have any questions about managing your bank account. We are always here to assist you.
