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degraytax
Level 1

Can I create an additional Income item in My Chart of Accounts?

I need to split out my income between Rent received and Service Income

1 Comment 1
Zesrah_A
QuickBooks Team

Can I create an additional Income item in My Chart of Accounts?

Hi, degraytax.

 

Yes, you can create an additional income item to categorize your transactions in your Chart of accounts

 

On the other hand, you can split your income by using the Bank Deposit feature. 

 

Here's how:

 

  1. Hover over the + Create button.
  2. Under the Other column, choose Bank deposit.
  3. Fill in the required fields, such as the bank account and deposit date.
  4. In the Add funds to this deposit section, select the appropriate income account in the Account column.
  5. Enter the amount and any other necessary details.
  6. Click Save and close.

 

For visual reference, you can check the screenshot attached below:

 

 

 

Let me know how it goes or if you have any further questions. We're here to help.

 

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