Can I designate a portion of my balance as a reserve/pledge?

Pleased to have you here, @bayviewneighborh.

I'd be delighted to help walk you through in setting up a Reserve Account in QuickBooks Online. Let's get started!

Here's how:

1. Click the Gear Icon.
2. Choose All List.
3. Select Chart of Accounts.
4. Click New.
5. Choose the Bank Account Type.
6. As for the Detail type, it can be designated as an Asset or any other category you prefer.
7. You can enter Reserve Account for the account name.
8. Complete the remaining information as needed, such as "Description," "Routing Number" and "Bank Account Number".
9. Click Save and Close.

That should do it! You can follow the same steps if you wish to designate a specific bank account for pledges.

Feel free to click the Reply button if you have other questions about creating an account in the Chart of Accounts. I’m always here to help.

What's the best way to do this with one bank account? Let's say two reserve portions and one daily operations portion all under one checking account.