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Level 1

How to split a bank transaction (expense) to multiple locations?

 
7 Comments
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QuickBooks Team

How to split a bank transaction (expense) to multiple locations?

Good evening, joshuashaneadkin,

 

In order to split your bank transaction into several locations you'll need to enter the expenses into the register. 

 

Here's how:

 

1. Go to Accounting and select Chart of Accounts.
2. Find the account for the transaction.
3. Under the Action column, select View register.
4. Select the transaction, then select Edit. The entry screen for that particular transaction opens.
5. Enter the other accounts to add with the amount. Note: The amounts for each account should add up to the total amount of the transaction.
6. Select Save. The transaction now displays Split in account column.

 

And that's it. If you need more help entering these in, feel free to reach out here. Have a great night!

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Level 11

How to split a bank transaction (expense) to multiple locations?

@joshuashaneadkin 

@Nick_M 

 

"How to split a bank transaction (expense) to multiple locations?"

 

Currently, in QBO, there's no option to divide the Expense transaction into multiple locations. Only the Class you split to multiple locations.

 

The only other option is to write a Journal Entry later to allocate expense transactions to multiple locations.
(To write Journal Entry: Left Dashboard > Create "+ New" > Other > Journal Entry). You should see the Location column if it's ON with Plus or Advanced.

 

Hope this helps!

 

allocation-of-rent-by-locations.PNG

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Level 1

How to split a bank transaction (expense) to multiple locations?

Why this feature hasn't been added is beyond me. We should be able to split deposits and expenses by location instead of having to create a separate JE!

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Level 1

How to split a bank transaction (expense) to multiple locations?

Has anything been done with this yet?  I can't believe we can't split expenses by location.

 

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QuickBooks Team

How to split a bank transaction (expense) to multiple locations?

Hi there, azzarello. 

 

I can see how important and beneficial it's to you and our other valued customers. As of this time, our developer team is working hard to add this feature to our future updates.  

 

Rest assured, we value all the ideas of our customers and share it with our developers. 

 

In the meantime, you may want to consider visiting our QuickBooks Blog. From there, you can see the future developments and the latest news about QuickBooks and what our Product Care Team is working on.    

 

I've added this Community resource in case you've got other QuickBooks-related concerns. You may refer to this article for more details: Community help articles.  

 

Let me know if there's anything else that I can help you with. You got me covered! Stay safe!

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Active Member

How to split a bank transaction (expense) to multiple locations?

Do you have an ETA for this update?

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Moderator

How to split a bank transaction (expense) to multiple locations?

Thanks for joining in on this thread, AMD5.

 

We don't have an estimate time on when the feature will be available in QuickBooks Online. For now, we can only assign one location on a bank transaction.

 

As a workaround, you can follow vpcontroller's suggestion which is to create a journal entry to allocate the locations. You can ask your accountant for additional guidance about it.

 

You can also see updates through the following links once we have added new features or functions within the program:

Your feedback would help us improve the program to suit your business needs.

 

We'll be right here if you need anything else.

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