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

2 locations, 1 bank account

Hi,

 

I have a client who bought a business with 2 locations, I am using the class and location tracking, but the problem is that they only have 1 bank account for both locations and I am having trouble figuring out which transactions go with which location.  Many of the invoices are for the same dollar amounts and they use an outside merchant service.  They also have many of the same expenses, payroll is almost identical.  Is there a trick to help with this or should I ask them to open another bank account for the second location?

1 Comment 1
Catherine_B
QuickBooks Team

2 locations, 1 bank account

We have available reports that you can run, TNCL.

 

Every time you create transactions and enter it's location we classify them in your reports. You can run the account's register or run a Transaction List by Account and customize it further to get the specific data you need. 

 

Let me show you how to customize the transaction list report:

  1. Go to the Reports menu and enter in the search field, Transaction List by Account
  2. Click the Customize button at the upper-right. 
  3. Select the Report period. 
  4. Under Rows/Columns, select Change columns and check Location and Class boxes. 
  5. From the Filter option, check Account and select the specific bank account.
  6. Click Run report to refresh. 

You can also pull up the Sales and Purchases report that are already classified into its location. Just type location in the search field of the Reports menu. 

 

Here are a few articles that you can look into in running reports:

Let me know if there's anything else that you need. Take care and keep safe always!

Sign in for the best experience
Ask questions, get answers, and join our large community of QuickBooks users.
Sign In / Sign Up

Need to get in touch?

Contact us