Allocating a paid invoice to a reporting account

Amanda89 · ‎March 29, 2021

I need to allocate four invoices, which have already been paid, to a sub-account so that they show up when I run Budget v Accruals report. I've set up the sub-account within Chart of Accounts but I can't get the details to "pull through"

MirriamM · ‎March 29, 2021

Hello again, @Amanda89.

You can edit the Income account for the Product/Service item to allocate an invoice to a specific sub- account.

Here's how:

In the left menu, click Sales.
Go to the Products and Services tab.
Locate and select the item you’re working on.
Click on the Edit link.
Go to the Income account section, then click on the drop-down and select the sub-account.
Select Save and close.

For more details about this, see this article: Change The Account For A Product/service item.

You may also find the below links helpful:

If you have additional questions, leave me a comment below. I want to make sure this is taken care of for you. Have a great day.

View solution in original post

GeorgiaC · ‎March 29, 2021

Thanks for joining us here on the Community, Amanda89,

Is the sub-account that you're trying to post the invoices to set up within your Chart of Accounts as a bank or sales income account (or other)? 🧐

Amanda89 · ‎March 29, 2021

It is set up as an Income Account

MirriamM · ‎March 29, 2021

Hello again, @Amanda89.

You can edit the Income account for the Product/Service item to allocate an invoice to a specific sub- account.

Here's how:

In the left menu, click Sales.
Go to the Products and Services tab.
Locate and select the item you’re working on.
Click on the Edit link.
Go to the Income account section, then click on the drop-down and select the sub-account.
Select Save and close.

For more details about this, see this article: Change The Account For A Product/service item.

You may also find the below links helpful:

If you have additional questions, leave me a comment below. I want to make sure this is taken care of for you. Have a great day.

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Allocating a paid invoice to a reporting account