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brujes175
Level 1

How do I categorize different mortgages for rental properties

When using Quick books onlune
1 Comment 1
Michael K
Moderator

How do I categorize different mortgages for rental properties

Hey there, @brujes175. Thanks for reaching out.

 

To provide the best assistance, I'd like to gain some additional insight into your question. Where exactly are you trying to categorize your mortgages? Once I know this information I can provide you with  the accurate steps to categorize it. If you're trying to setup categories in your Chart of Accounts, I've included the steps to do so below. Check it out:

 

  1. Go to Gear, then Chart of Accounts.
  2. Hit the New button to create a new account.
  3. In the Account Type drop-down, pick your account type. Do the same for your detail type.
  4. Name the account, then add a description.
  5. If this is going to be a sub-account of another category, tick the Is sub-account of box and then select the parent account from the drop-down.
  6. When your finished filling out the form, click Save and Close.

 

If you'd like to learn more about managing your Chart of Accounts, I recommend checking out: Add an account to your chart of accounts in QuickBooks Online

 

Let me know if you have any other questions. I'll be here to help.

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