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Level 1

How do you creating a sub-ledger in Quickbooks for tracking prepaid expense?

Is there a way to create sub-ledger to track different prepaid expenses?  or do you have to just create a new prepaid expense account?

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Best answer 10-15-2018

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Level 6

How do you creating a sub-ledger in Quickbooks for tracking prepaid expense?

You can create sub accts on the chart of accts.  Create the parent acct, then the sub accts and under the sub acct section, click the box and connect it to the parent.

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Highlighted
Level 6

How do you creating a sub-ledger in Quickbooks for tracking prepaid expense?

You can create sub accts on the chart of accts.  Create the parent acct, then the sub accts and under the sub acct section, click the box and connect it to the parent.

View solution in original post

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Level 1

How do you creating a sub-ledger in Quickbooks for tracking prepaid expense?

How do I attach an account to a parent account thereby making it a sub-account.  The instructions above aren’t at all clear as to exactly how to do it.  Do you have exact steps?

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Moderator

How do you creating a sub-ledger in Quickbooks for tracking prepaid expense?

Hello jobaker-bowles,

 

When creating a sub-account, the Account Type and the Detail Type should be the same as the parent account. Here's how to create one:

  1. Click Accounting on the left-menu and select Chart of Accounts.
  2. Click the New button.
    Capture.PNG
  3. In the Account window, choose the Account Type and the Detail Type.
  4. Mark the Is sub-account box and enter the parent account.
  5. Enter the other necessary details and click Save and Close.
    Capture 1.PNG

You can also use these articles to know more about accounts:

See you around if you need anything else.

Highlighted
Level 1

How do you creating a sub-ledger in Quickbooks for tracking prepaid expense?

Thank you that helped tremendously!

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