Banking

Good day, @Mikelietzke.

I'd be glad to help accomplish your task in QuickBooks Desktop (QBDT).

Yes, you can add a sub-account to your parent checking account in QuickBooks. However, you can't connect both accounts on the Online Banking page. If you try to connect both, you’ll get a message that the account is already connected.

If the transactions download to one account, connect only the parent account. If the transactions download to the individual accounts, connect the subaccounts and not the parent account.

Here's how to add a sub-account in QBDT:

1. Go to Lists and select Chart of Accounts.
2. Click the Account drop-down list, then choose New.
3. Create another account, then check the Subaccount of box and choose your parent account.
4. Fill out its details and select Save & Close.

After you set up your accounts for bank feeds, you can start downloading transactions from your banks. For more info, you can check out this article: How to download bank feed transactions in QBDT.

Once your transactions are in QuickBooks, it's time to match them to the ones you entered in QuickBooks. That way, you can tell what transactions your financial institution has processed and which ones haven’t cleared the bank yet. 

I’m always ready to assist you if you have any other questions or concerns about managing your bank transactions. Tag me in your reply and I’ll sprint back into action. Have a good one and keep safe.