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I ran into the same issue. Allow me to provide my solution.
If you have a situation like this:
- One main credit card
- Two employee cards under the main card
It might make sense to have in your chart of accounts something like this:
Card 1
Employee card 1 (sub-account)
Employee card 2 (sub-account)
Not so! As the QuickBooks employees explained: some banks connect card information differently to QuickBooks than others. If this isn't working and you are getting the error "...Credit Card is already linked to a bank feed..." then please keep reading. I will explain how I got around this error.
Here's my chart of accounts solution:
Card name (categorized as a credit card)
Primary card 1 (sub-account)
Employee card 1 (sub-account)
Employee card 2 (sub-account)
For example, let's say you use American Express:
American Express Platinum Business Card
Primary card (1234)
Employee 1 (1235)
Employee 2 (1246)
Where (123X) is the last 4 of their card number. I do this for organizational and quick-identification purposes. It makes it easy to tell them apart! I personally name the cards something like:
Tom Smith (1234)
You don't need to re-enter the card name (like American Express Business Platinum Card) for each individual sub-account because it's already categorized under that card name which makes it easy to search for when finding a payment type.
PRO-TIP: Make all of these in your chart of accounts before linking your cards. Then, link your cards and select your new chart of accounts categories from the drop down that appears when linking your card.
What's really nice is that the parent category doesn't show up on your transaction list of banks and cards when sorting transactions. Just the cards. Yay!
Success!
Click the thumbs up if you liked my solution!
Generic "how to reconcile" for a sub credit card account is beyond NOT helpful as they are very different. Honestly it took MANY phone calls and several CSR's to help me with this. This is one of the most irritating things about QBO support.
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