Other questions
Hello AngG,
I'll chime in this thread to help you enter the account's starting balance.
If the bank has a running balance, you can enter it as an opening balance when you first set it up.
Here's how:
- Choose the Gear icon at the top.
- Select Chart of Accounts.
- At the top right, select New.
- Choose the account type, then from the Detail Type drop-down, choose Checking.
- In the Name field, enter the name of the account.
- Enter in the appropriate information for the opening balance and the date as of (see the screenshot below).
- Select Save and close.
As for your other question, you have the option to add a sub-account on your checking account. Please note that everything in your sub-accounts roll up to the parent account.
Check out this article for the detailed steps: How to create a new parent account or sub-account.
That's it. Let me know if there's anything else you need, I'll be around. Have a great day.
