Banking

Great questions, Barbie.

The payment will be transferred either to the parent account or sub-account, depending on where the bill is.

We can start reconciling the transactions in the sub-accounts. Once done, the reconciled transactions will show on the parent account.

Follow these steps to reconcile the transactions in your book:

1. Click Accounting on the left panel and select the Chart of Accounts tab.
2. Locate the sub-accounts and click View Register under the Action column.
3. You'll see a tab for Reconciling the transactions at the upper-right corner.

I'll share with you some articles that can surely help you as you go through reconciling your accounts. 

• Fix beginning balance issues during your first reconciliation in QBO.
• Reconcile an account in QuickBooks Online.
• Learn the reconcile workflow in QuickBooks.

Ping me anytime if you have other questions. It'd be my pleasure to help you more! Take care!