Subaccount

Hey there, @CindyMatteson.

Thanks for reaching out to Community. I'm happy to assist you with account balances. 

To see the most accurate information on the accounts, I recommend running a quick report on the main account. In doing so, it will provide your transaction history on that account and also include the sub-accounts. By running the report and reviewing the balances, you can see the type of transactions included, and the dates posted. 

To run a quick report:

1. Open your Chart of Accounts.
2. Locate the main account, then right-click it. 
3. Choose Quick Report: (Name of account)

Once the report is open, you have the option to customize it. Customizing the report will allow you to include more details that are necessary to help you get the most information. For more help on customizing the report, you can check out: Customize reports in QuickBooks Desktop.

If you have further questions or concerns, feel free to reach back out. Take care!

Thanks for coming back, CindyMatteson.

Aside from running a Quick report, you may want to try running a Transaction Detail by Account report to review the accounts. Then, customize it to the parent and sub-accounts to give you more details of per account transactions.

Here's how:

1. Click Reports on the top menu.
2. Choose Accountant & Taxes.
3. Hit Transaction Detail by Account.
4. Tick the Customize Report.
5. Select Filters.
6. Under Filter, choose Account.
7. Hit the Account drop-down and select Multiple accounts. From there, place a checkmark for the parent account and its sub-accounts.
8. Hit OK and OK.

Then, enter the report date period in the Dates field to trace the discrepancy in the report.

I've got an article here about customizing company and financial reports: Customize company and financial reports.

Keep us posted if you need a hand with preparing your year-end report or any QuickBooks related, I'm determined to ensure your success. Have a great day ahead.