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Simplify payday and set payroll to run automatically on QuickBooks. Explore QuickBooks Payroll

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Replying to:
Regina_Lend_A_Hand_Accounting
Level 9

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No. There are typically only annual fees, interest and account payment transactions posted under a master account. I would not connect the master account as a sub-account personally.

 

I would transfer payments from checking to the master account when payments are made, and I would manually enter annual fees and interest charges during the reconciliation process.

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