Hey there, @Dee125.
I’m here to further assist you with setting up a credit card sub-accounts in QuickBooks. For sub-accounts, you’ll be able to enter the charges and payments in their respective account register. The total amount of those charges should be equal to the total balance for the parent account.
Important: You’ll only need to reconcile the parent account.
Let me guide you on how to set up credit card accounts:
- Find Settings, then Chart of Accounts.
- Pick the Account, then push New.
- Choose the Credit Card, then click Continue.
- On the Add New Account window:
- Type the Credit Card Name. Note: If you are setting up a sub-account, you need to check the Subaccount of. From the drop-down, choose the parent credit card account.
- Locate an option under When do you want to start tracking your finances from this account in QuickBooks?
- Enter your account's balance.
- Select Save Close.
For more in-depth about setting up, using, and paying credit card accounts to check out this article.
Leave a comment if you have other questions. I hope you have a good evening.
