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josephaltez1
Level 1
posted
‎September 26, 2019 04:44 PM
last updated ‎October 05, 2020 7:51 PM

WE HAVE DIFFERENT 4 PROJECT, HOW CAN CREATE SUB ACCT IN THE GL, TO PRODUCE SEPARATE REPORT,

 
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1 Comment 1
RCV
QuickBooks Team
QuickBooks Team
‎September 26, 2019 04:44 PM

WE HAVE DIFFERENT 4 PROJECT, HOW CAN CREATE SUB ACCT IN THE GL, TO PRODUCE SEPARATE REPORT,

I can guide you on how to create a sub-account in the General Ledger report, josephaltez1.

To show the sub-account in the report, you'll need to create add first a sub-account under an existing account.

Here's how:
  1. Click the Gear icon on the top menu and choose Chart of Accounts.
  2. Click New.
  3. Choose the account type and detail type.
  4. Place a checkmark for Is sub-account and then enter the parent account.
  5. Give your new subaccount a name. You can also add a description. You can also change the display name or add a description.
  6. Enter the subaccount’s balance and then specify the “as of” date. Only some account types need this, like a bank, credit card, asset, and liability.
  7. Click Save and Close.
For more details about creating a new sub-account, you can refer to this article: Organise your accounts into parent accounts and subaccounts.

Once done, you can go to the Products and Services panel and edit the items (if you already created one). Then, under the Income account or Expense account field, choose the sub-account you've created. Then, click Save and close.

Then, go to Projects to add transaction a transaction and choose the item with the sub-account in the Product/Service column.

Once you go to the General Ledger report, click the Gear  icon and add the Account column to show the sub-account linked from the sales form transactions.

If you find the steps provided tediously, you can use classes to track income, expenses, or profitability by business segment (available only in QuickBooks Online Plus and Advanced). You can check out this article for more details about class tracking:

I have a link here that contains articles about managing reports: https://community.intuit.com/browse/quickbooks-online-intl-reports.

Please reply to this post if you need anything else with running General Ledger report. I'm always here to help.

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