How do I do Branch Accounts in the quickbooks? Does QuickBooks gives an option for such independent and dependent branches

Hi there, tahasyed70937-gm.

Yes, QuickBooks gives you an option to track different branches.

I suggest using the Class or Location tracking to categorize your account balances by the department, or other segments you want to keep a close eye on. To start using the feature, you'll need to turn this on from the Account and Settings page.

Here's how:

1. Tap the Gear icon and choose Account and Settings.
2. Go to the Advanced tab and pick Categories.
3. Turn on the Track classes or Track Locations. Then, you can checkmark the Warn me when a transaction isn’t assigned a class and choose the location label.
4. Select Save and Done.

For additional information about the features, you can refer to the articles below.

• Get started with class tracking in QuickBooks Online.
• Set up and use location tracking.

Once done, you can also check this article: Track your transactions by class. This provides steps on how you can assign classes to transactions in QuickBooks Online.

Feel free to visit us at any time if you have any questions about QuickBooks. I'm here to help. Have a good one!