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Can the Accounts Receivable account be designated as a Parent account? If so, would any sub-accounts (for different types of receivables) appear on the A/R Aging Report? Separated?
Thank you, Allan D.
Hello there, Allan D.
At this time, there isn't a way to make your A/R sub-accounts appear on your A/R Aging report. Let me clear this up for you and guide you on how to proceed.
QuickBooks Online allows you to create multiple A/R accounts, however, it's not designed to work with them. In addition, the initial A/R account created will be its default in tracking A/R balances. For this reason, any A/R sub-accounts or other A/R accounts created will not appear on the A/R Aging report separately.
Alternatively, you can track two types of income with the use of sub-accounts, or Location or Class Tracking. If you're interested, you can learn more about it here: How to Group Accounts Receivable or Accounts Payable Account Types.
If you ever have other questions we can help you with, feel free to swing by the Community!
Thank you; to clarify: I can create multiple "parent" Accounts Receivable accounts (corresponding with multiple revenue lines) in the Chart of Accounts - and each one will produce a separate aging report?
Thanks for getting back, @adowds.
I'm here to help provide clarification about the Accounts Receivable account in QuickBooks Online.
Yes, you're correct, you can create multiple accounts for A/R. However, when pulling up the A/R Aging report, it'll only show the aging invoice transactions. This is because QuickBooks only uses the default A/R account when you create invoices.
If you need other helpful references in the future, you can check out our site: Help articles for QuickBooks Online.
Keep me posted if you have other questions about Accounts Receivable. I'm also here to help.
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