cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Level 2

A/P Invoice Account Coding

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.

 

3 Comments
Highlighted
Level 8

A/P Invoice Account Coding

Yes, the split details you mention are entered on the Bill, where expenses are recorded.

Highlighted
Level 2

A/P Invoice Account Coding

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.

Highlighted
Moderator

A/P Invoice Account Coding

Good day, BernieJ.

 

The option to let QuickBooks split the amount on the transaction automatically is unavailable. The feature would be beneficial to your business and help save time when split transactions.

 

I'll definitely pass your suggestion along to the right team for review. They can put customer's ideas to work in the future.

 

You might also want to keep up with all of QuickBooks new features, big and small, check out our blogs through these links:

 

For additional reference, let me share this link about managing your bills in QuickBooks.

 

We're a post away if you have any other concerns. Have a good day.

Need to get in touch?

Contact us