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JSTreasurer19
Level 2

Non Profit Reserve Account

Good Morning,


I have taken over the treasurer role for a non-profit.  The prior treasurer set up a Reserve account within Quickbooks.  As a board, we have since decided to move those reserved funds out of the general checking account and put them into a separate bank account.  

 

How do we change the "reserve" account in quickbooks to show that it is now a separate bank account?  We are having a hard time changing the current reserve within quickbooks.

1 Comment 1
MJoy_D
Moderator

Non Profit Reserve Account

Let me show you how to edit an account, @JSTreasurer19

 

You can edit that account from the Chart of Accounts to update it. I can show you how:

  1. Click on the Accounting tab and choose Chart of Accounts.
  2. Select the View register drop-down and choose Edit.
  3. After you select edit, you can change the account typedetail typenamedescription, or even make it a sub-account if needed.
  4. Click Save and Close in the bottom right once you're done. 

edit register.JPG

Here's more information on how to add an account to your chart of accounts, and how to get help organizing your accounts: Add an account to your chart of accounts in QuickBooks Online.

 

Let me know if there's anything that I can help you with your account and or anything else by leaving a comment below. Keep safe!

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