We appreciate you joining the thread, @adayton. We'll provide details to help you transfer funds from a new sub-account in your Chart of accounts inside QuickBooks Online (QBO).
Before anything else, please know that it isn't the experience we want you to have when managing funds and transferring them to a new account inside COA. In QBO, you can enter a journal entry to transfer funds to your preferred account. We'll outline the steps to get you going:
- Access your QuickBooks Online company.
- On the left navigational bar, click the + New button and select Journal entry.
- On the first line, select an account from the Account field. Depending on if you need to debit or credit the account, enter the amount in the correct column.
- On the next line, select the other account you're moving money to or from. Depending on if you entered a debit or credit on the first line, enter the same amount in the opposite column.
- Check the amounts - you should have the same amount in the Credit column on one line and the Debit column on the other. This means the accounts are in balance.
- Enter information in the memo section so you know why you made the journal entry.
- Select Save and new or Save and close.
For more information, please see this article: Create journal entries in QuickBooks Online.
If you're unsure of the process, you can contact an accountant. This way, they can guide you and ensure the funds transfer to your preferred account. If you don't have an accountant, I can help you find one. Feel free to visit this page: Find a QuickBooks ProAdvisor.
On the other hand, here's an article to help you modify transactions in your account registers and ensure that you entered inside the program tracked accurately:
The Community space is open 24/7 if you require a helping hand managing funds or transferring them to another account inside your COA. As always, our team will assist you as soon as possible. Stay safe.
