What is the best way to handle sub accounts for student "accounts"? This is for a point system within our organization.
Our non-profit organization makes money for the students and directors of the bands, choirs, drama clubs, etc in our county. Depending on the event, part/all of the funds made from sales, etc go back to the student, in a virtual money (easiest way to describe it), that they can use to pay their dues, trips, etc. What would be the best type of account to create these student accounts? I plan on making them a sub-account of the checking account that handles the majority of the money, but I am wondering what would be the best account type to put these in as.