Thanks for getting in touch with the Community, elcoffice.
You can create subaccounts within a checking account and post income/expense transactions to it.
Here's how:
- In your top menu bar, go to Lists, then Chart of Accounts.
- Use the Account ▼ drop-down list and choose New.
- Pick a type.
- Hit Continue.
- Enter your account details.
- Tick the Subaccount of checkbox.
- From your Subaccount of ▼ drop-down, specify its parent account.
- Select Save & Close.
Now you can record transactions to the subaccount you created.
I've also included a couple detailed resources about working with your chart of accounts and reconciling which may come in handy moving forward:
I'll be here to help if there's any questions. Have a great day!