I asked this question in my old thread and just did not want to highjack someone else's question so I am creating a separate thread.
I have 3 locations which are relevant to three different bank accounts. How do I default each location to each linked bank account so that correct location is suggested each time. Also, why is location not compulsory as compared to class? I was advised by Nancy to look under Chart of Accounts but I could not find two pages of chart of accounts as the help topic states "The chart of accounts page consists of 2 sections:".
Being able to assign locations to each bank account is a great idea, @fairfield-impex!
Currently, you can only assign locations manually when creating transactions in QuickBooks Online (QBO). I know that this capability can make your accounting tasks a lot easier.
For now, you'll need to choose the correct locations when recording transactions for the specific bank accounts. Then, to know more details on how locations work in QBO, please head to Using Classes and Locations page at this link.
Also, I encourage you to visit our QuickBooks Blog site so you'll be updated about the latest news and product developments.
Feel free to post here again if you need further assistance in using locations in QuickBooks. I'll be always around if you need help. Have a good one.