cancel
Showing results for 
Search instead for 
Did you mean: 
rkoorapati
Level 3

Split transactions for multiple contractors

Hello,

I have a situation, where single check is issued to pay multiple contractors. When I categorize the transaction, I can only split under category - Contractors. But I do not see an option to split across each contractor record. Is it possible?

 

Thanks,

[Removed]

Solved
Best answer October 18, 2024

Best Answers
AdonL
QuickBooks Team

Split transactions for multiple contractors

Thanks for visiting the Community space, Ravi. I've got the details you need when splitting a single check payment among multiple contractors in QuickBooks Online (QBO).

 

Currently, the program doesn't have a built-in feature to split a downloaded payment transaction among multiple contractor records. Each transaction is designed to be linked to only one contractor to maintain accurate records and simplify reconciliation.

 

Alternatively, you can allocate payment to multiple contractors by issuing separate checks individually. This step ensures each contractor receives the correct amount while maintaining accurate financial records. I’d be happy to walk you through the process.

 

First, exclude the downloaded transaction from the For Review tab to avoid duplicates. Here' how:

 

  1. Go to Transactions, then select Bank transactions.
  2. Click the For Review tab.
  3. Tick the checkbox of the transactions to exclude.
  4. Hit Exclude.

 

Next, pay your contractors individually by following these steps:

 

  1. Go to Payroll and select Contractors.
  2. Select the dropdown next to the contractor's name and then Write check.
  3. From the Bank account  dropdown, select the account the check withdraws money from.
  4. Complete the check fields you need.
  5. Choose the Print check option if you want to open the check queue to print now. Or select the Print later checkbox if you want to print the check later.
  6. Click Save and new to create another check for another contractor Or the Save and close button to close the check window.

 

I've also included these articles for a more detailed guide of the process:

 

 

On the other hand, it's essential you reconcile your accounts regularly to ensure accurate records. Refer to this article for proper guidance: Reconcile an account in QBO.

 

You're welcome to drop by again if you have any queries concerning contractors or any concerns with QuickBooks. We're here to assist you whenever you need us. Just mention me in the comments.

View solution in original post

3 Comments 3
AdonL
QuickBooks Team

Split transactions for multiple contractors

Thanks for visiting the Community space, Ravi. I've got the details you need when splitting a single check payment among multiple contractors in QuickBooks Online (QBO).

 

Currently, the program doesn't have a built-in feature to split a downloaded payment transaction among multiple contractor records. Each transaction is designed to be linked to only one contractor to maintain accurate records and simplify reconciliation.

 

Alternatively, you can allocate payment to multiple contractors by issuing separate checks individually. This step ensures each contractor receives the correct amount while maintaining accurate financial records. I’d be happy to walk you through the process.

 

First, exclude the downloaded transaction from the For Review tab to avoid duplicates. Here' how:

 

  1. Go to Transactions, then select Bank transactions.
  2. Click the For Review tab.
  3. Tick the checkbox of the transactions to exclude.
  4. Hit Exclude.

 

Next, pay your contractors individually by following these steps:

 

  1. Go to Payroll and select Contractors.
  2. Select the dropdown next to the contractor's name and then Write check.
  3. From the Bank account  dropdown, select the account the check withdraws money from.
  4. Complete the check fields you need.
  5. Choose the Print check option if you want to open the check queue to print now. Or select the Print later checkbox if you want to print the check later.
  6. Click Save and new to create another check for another contractor Or the Save and close button to close the check window.

 

I've also included these articles for a more detailed guide of the process:

 

 

On the other hand, it's essential you reconcile your accounts regularly to ensure accurate records. Refer to this article for proper guidance: Reconcile an account in QBO.

 

You're welcome to drop by again if you have any queries concerning contractors or any concerns with QuickBooks. We're here to assist you whenever you need us. Just mention me in the comments.

rkoorapati
Level 3

Split transactions for multiple contractors

Thank you for alternatives suggested. 

ZackE
Moderator

Split transactions for multiple contractors

Thanks for following up with the Community, rkoorapati.

 

I'm happy to hear AdonL was able to help with split transactions for multiple contractors.

 

I've also included a couple detailed resources about working with split transactions and feedback which may come in handy moving forward:
 

 

Please feel welcome to send a reply here or create a new thread if there's ever any additional questions. Have a lovely Friday!

Sign in for expert help
Ask questions, post replies & join our community of QuickBooks users.

Need to get in touch?

Contact us