Chart of Accounts, you can create sub-accounts. This allows you to summarize amounts at each account level for better reporting.
Learn by watching
Watch this video on how to create sub-accounts.
To make an account a sub-account:
- go to your
Chart of Accountsand find the account.
- Under the
Parent accountcolumn, select the parent account. The parent account type must be the same type as the target account.
You can create as many levels of sub-accounts as you want.