Is there a way to assign a % split on vendor payments? For example, we would like to enter a total payment to a particular vendor and have the account coding automatically split to different expense accounts based on a set %. The trick is that the total vendor payment may change over time like a utility bill.
Yes, we understand the ability to manually enter split $ amounts in the Expense section on the bill input screen. However is there a way to enter a total amount due and have Quickbooks figure the split amounts based on a set % for the vendor? We are looking for a way to not have to manually calculate the splits and have the software calculate automatically for specific vendors.
For example, you want to pay KS Gas Service $1,000 one month with is split 25% to one account and 75% to another account. The next month you want to pay KS Gas Service $1,200 with the same 25% to one account and 75% to another account. In other words, each month the 25%/75% split would apply but the total could change.