Split transactions in QuickBooks Sole Trader

Learn how to split transactions in QuickBooks Sole Trader.

You can split transactions in QuickBooks Sole Trader to organise your expenses, track different sources of income, separate expenses that need to be reimbursed, and identify tax-deductible expenses. By dividing transactions into different categories, you can keep accurate records, understand your spending habits, and make tax preparation easier.

Split transactions from the Transactions page

If you haven’t already, connect a bank account so you can automatically get all of your transactions into QuickBooks.

1. Sign in to your QuickBooks Online account.
2. Go to Transactions.
3. Find the transaction you want to split and select the Edit ✎ icon.
4. In the Edit transaction window, select Split transaction.
5. Enter the amount to split into the new transaction. QuickBooks makes sure that the transactions’ amount equals the original total.
6. Select Personal transaction or Business transaction .
7. Select a category from the dropdown ▼ menu. 
8. (Optional) To split the transaction again, select Add another split and repeat steps 5-7.
9. When finished, select Save.