Thank you for joining in on the thread, @DMP2.
You’re on the right track. To zero out the sub-account balance’s you’d just need to make a Journal Entry. The Credit Card account needs to be debited to reduce the balance.
Let me guide you on how to do that:
- Select the Create icon ⨁.
- Choose Journal Entry.
- Fill out the fields to create your journal entry.
- Click Save and new or Save and close.
Note: If you’re using Sublevels and you use the Primary account to reconcile, don’t make entries. If you reconcile the Parent level and Split the payment to the Sub-categories so that each sub-balance gets its payment amount applied there. I strongly encourage you to consult with an accounting professional on which account should be used as the offset.
Here’s a link that will help you about credit card subaccount setup:
https://quickbooks.intuit.com/learn-support/en-us/chart-of-accounts/about-bank-or-credit-card-subacc...
If there is anything else I can help with, feel free to drop a line.
