Creating a Subaccount

Hi Yannick M. Thanks for reaching out to the community. To create sub-accounts in QuickBooks Desktop just follow these steps:

1. From your chart of accounts, right-click on any account.
2. Select New
3. Make sure to select Income account and then press Continue
4. On the next screen, select the Subaccount of box and select which account it will be a subaccount of from the drop-down
5. Last, just hit save and close

If you need anything else, just leave a reply below. 

Steven C,

Thanks. This information is very informative. Last question, can each subaccount keep track of its own funds, if so how would I be able to make sure that project funds go under the right subaccount or project code.

thanks again,

Thank you for getting back here, @Yannick M.

Let me share some information about subaccounts in QuickBooks Desktop (QBDT). Creating subaccounts can break down your expenses, income, and in details. For the project, if you use an invoice, make sure the items are linked to the sub-account. You can follow these steps below to check:

1. Go to the menu tab and select the Accountant.
2. Select the Chart of Accounts.
3. From there, you can look for the account name or number in the search box.
4. Once located, you can double click the account to check the transaction in the subaccount.

For future reference, you can check this article: Create, edit, or delete account in QuickBooks Desktop.

You can always get back to us if you need further assistance. We're here to help you. Keep safe!