Split Transfer for Chase Credit Card

That worked great!  Thanks very much for the detailed instructions.

After further review I actually see that this didn't solve the problem the way I thought.  In the Chart of Accounts I can see that both are subaccounts but if I look at the Banking Tab it still shows each as having their own individual balance.  

@ks-man

@Anonymous

"If not can I split the transfer transaction as right now it shows the full credit going to one of the cards"

Currently, you can't split the transfer transaction. However, you can always switch "Transfer" radio button to "Add" radio button and then split it from the "For Review" section of the bank feed. Normally, you want to do this from the main account like checking account (if you're transferring from checking to credit card accounts). Another option is to create manual "Expense" transaction (create "+'sign > vendor > expense) and select bank account and under account section, split payment to those credit card accounts. And then, just select green MATCH at the at the bank feed.

Hope this helps!

The more I work with this, the more frustrated I get.  I'm not sure if the issue is with QuickBooks or Chase.  From the Chase website it looks like everything gets merged to the top level for the account (balance of 9,875.78).  However in QuickBooks it is keeping everything separate (two individual accounts with balances of 8,502.79 and 1,372.99).  I'd like to see everything merged together in QuickBooks however when I set them up as subaccounts of a different Master Account it still kept them separate as you can see in my earlier graphic.  I'm guessing I'm not the first person with the Chase Business Ink card with more than one authorized user.  How do other people get around this?

Thanks for all of the help.

I do what @Anonymous does as described in this post.  Then when you pay it, split the payment so that all of the separate parts (sub accts) of the whole zero out.  You reconcile the parent acct.

did you ever get anywhere with this.....I'm going through this now with the same issue.  File came from QBDT where there was 1 COA for all credit card transactions....But I want to use QBO Bank feeds obviously but can't seem to figure how to set it up in COA and connecting the accounts. 

Still no answer for this? Can a someone working at Quickbooks please chime in on this one as this is a problem for a lot of people.

Which @Anonymous post are you referring to? He has a lot!

I'm having the same problem.  Cannot get it to work correctly, like the other credit cards do when there is more than one card associated with the account.

Make your own entry: It is a Check Expense and in the details, split and allocate per Credit Card account name and amount. The One Checking entry will be matched for banking download. The Credit Card Download will match the Total, and it doesn't have to match each Portion, as long as the total is the same.

Or, once you see the total is posted, make individual Transfers, so that you move and Split the payment, from Parent to each Subaccount. You are not changing any total values; you are just reallocating.

I'm going through this exact issue and I've scoured the internet all day looking for a better solution than creating sub accounts for all the users. It's a lot of work to make 1+1=2. Is there really no way to have one account that shows all transactions?

Hello litypark,

At the moment, you'll need to create a sub-account to view the transaction.

You might want to check out this article for details: About bank or credit card subaccount setup.

If you need anything else, please let me know. 

Thank you!

I have the same exact problem - has QBO solved this issue?  I've seen multiple posts on this subject with no actual resolution.  It seems like an option to split the credit card payment across the two (or more) cards would be an easy solve, but QBO still doesn't appear to have that capability.

Any luck from anyone on this?

I am well aware of how beneficial it is in your business, @joefake1. Let me lay down the steps so we can create parent and subaccounts. 

If you already have the Parent account in the Chart of accounts, we can directly add our subaccount. 

Here's how: 

1. On the left panel, click Chart of accounts under Transactions. 
2. Select New.
3. Add and Account name. 
4. Under Account type* select Credit Card.
5. Tick the box beside Make this a subaccount.
6. Select the Parent account and fill out the necessary field. 
7. Hit Save. 

After saving the subaccounts under the parent account, we can now see the sub-accounts that are slightly indented and the sum of the sub-accounts is represented by the main account. 

Furthermore, you'll want to check this article and learn how to make accounts inactive from your chart of accounts: Make an account inactive on your chart of accounts in QuickBooks Online. 

Please let me know if you need anything else in managing your chart of accounts and any QuickBooks-related queries. I'm always here to help. Keep safe.