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bigapplerecsport
Level 1

I have a deposit that I would like to split between two separate divisions/classes. How do I go about doing that? Thank you.

 
10 Comments 10
SophiaAnnL
Moderator

I have a deposit that I would like to split between two separate divisions/classes. How do I go about doing that? Thank you.

You can do this in the Bank Deposit page, bigapplerecsport.

 

To start, let's ensure that you have set up your Class Tracking feature first. Once done, you can follow these steps:

  1. Click the Plus icon.
  2. Under Other, select Bank Deposit.
  3. In the Add funds to this deposit section, enter half of the amount in the first line item.
  4. Select the class by choosing from the Class drop-down.
  5. Enter the remaining half in the second line item and assign a class.
  6. Click Save and close.

I've added a screenshot for you too.

 

If you have more questions on this, just leave a reply. I'll get back to you as soon as I can.

 

bigapplerecsport
Level 1

I have a deposit that I would like to split between two separate divisions/classes. How do I go about doing that? Thank you.

I would like to add a single deposit into two different divisions. A certain amount in one division and another amount in a different division. How do I do that? Thank you. 

 

 

KarenEdithL
Moderator

I have a deposit that I would like to split between two separate divisions/classes. How do I go about doing that? Thank you.

Hi @bigapplerecsport,

 

You can follow the steps provided above by @SophiaAnnL if you are entering the transactions manually. But, if you are adding transactions from your Online Banking section, you can follow the steps below:

  1. From the Banking page, click the transaction you want to split in the For review tab.
  2. Click on the Split button beside Add.
  3. On the Split Transaction page, enter the necessary amounts per division/class.
  4. Click Save and add.

 

Once you have added the transaction, you can check your register and review it.

 

That should do it! Let me know if you have other concerns, I'm just one post away.

 

 

Myquestion1
Level 1

I have a deposit that I would like to split between two separate divisions/classes. How do I go about doing that? Thank you.

What about a split deposit for different divisions not class?

Myquestion1
Level 1

I have a deposit that I would like to split between two separate divisions/classes. How do I go about doing that? Thank you.

What about deposit split between 2 divisions NOT classes? I input the deposit but it shows up under "not specified"  I need to add a division NOT a class. I do not see where I can do that. Please help.

MJoy_D
Moderator

I have a deposit that I would like to split between two separate divisions/classes. How do I go about doing that? Thank you.

Let me share some information on how to enable the location tracking feature to add a division to your transactions, @Myquestion1.

 

You can use the location tracking feature to monitor income and expenses for different divisions of your business. This feature is available with QuickBooks Online Plus and Advanced.

 

Are you referring to adding a Location field on forms so you can assign transactions to different locations like stores, sales regions, and counties? If yes, you can enable this feature and then set it the Location label as Division.

 

Here's how:

  1. Go to the Gear icon and click Account and Settings.
  2. Choose Advanced from the left menu.
  3. Click the pencil icon on the Categories section. 
  4. Place a checkmark on the box next to Track locations.
  5. On the Location label drop-down, select Division
  6. Click Save and then Done.

Check out this article for instructions on adding a location for reference: How to set up and use location tracking.

 

Once done, make sure to select a division for each transaction you create. 

 

Let me know if there's anything that I can help with your transactions and or adding divisions or if you mean something else. I'm always here to assist. Take care and have a good one!

LCCPA1
Level 1

I have a deposit that I would like to split between two separate divisions/classes. How do I go about doing that? Thank you.

How do you do this on Quickbooks desktop?

LeizylM
QuickBooks Team

I have a deposit that I would like to split between two separate divisions/classes. How do I go about doing that? Thank you.

Hi there, LCCPA1. 

 

Let’s turn on the class tracking feature to track location in QuickBooks Desktop. Here's how:

 

  1. Go to the Edit menu,
  2. Select Preferences.
  3. Click Accounting,
  4. Go to the Company Preferences tab.
  5. Select the Use class tracking for transactions checkbox and the Assign classes to checkbox.

 

Once done, add your locations or class by following these steps:

 

  1. Go to the Lists menu, then select Classes.
  2. Click Create (+).
  3. Enter the class or name of the location.
  4. If it's a subclass, select the Subclass checkbox and find the class it's under.
  5. Click OK to add it.

 

Let me also share these articles to add more details about this feature:

 

 

You can always find me here if you have any other concerns or follow-up questions about adding division in QuickBooks Desktop. Have a good one and take care.

joshjustin74
Level 1

I have a deposit that I would like to split between two separate divisions/classes. How do I go about doing that? Thank you.

This question still hasn't been answered properly.  I have both class tracking and location/division turned on in my settings.  I have deposits and bills that need to be split between locations/divisions, NOT split between classes.  From what I'm seeing, this isn't possible in QBO.

 

So, for example, when I pay my company's medical insurance bill, there seems to be no way for me to split it between two locations.  Please correct me if I missed the feature somewhere...but I can't find it. 

 

Mich_S
QuickBooks Team

I have a deposit that I would like to split between two separate divisions/classes. How do I go about doing that? Thank you.

Hi there, @joshjustin74. I want to share some insights about grouping your transactions in QuickBooks Online.

 

The location tracking feature is only applicable per transaction. I take it that you're referring to the splitting of locations for deposits and bills in each line item, which you're right, the only available option in QBO is to do it for Classes. See the image below for reference:

 

 

I suggest providing feedback about it to help our engineers enhance your experience when using the program. I'll show you how:

 

1. Go to the Gear icon and select Feedback.

2. Provide your product suggestion.

3. Click on Next to submit feedback.

 

Feel free to explore the QuickBooks Online Feature Requests webpage to keep track of request updates.

 

You'll also want to review this extra guide to learn more about how you can handle payments for your vendor: Enter and manage bills and bill payments in QuickBooks Online.


Keep in touch if you have any concerns or questions about this topic or QuickBooks. I'll always be right here to help you. Stay safe!

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