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How to Add, Edit, and Delete a New Subaccount in QuickBooks?

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Every small or big business needs a proper fund management in order to enhance their productivity, in the modern era of technology where man labor is replaced by machines. You just can’t rely on the pen paper management method, its take a lot of time to keep track of all your transactions, after realizing the need of the hour Intuit launched accounting software called QuickBooks.

QuickBooks not only manage your business’s financial transaction but also help in creating invoices, send and receive money, and much more. You can access it on your mobile, desktop, and online as well, you can also keep track of the working hours of your employees by enabling time tracking.

You can add, Edit, Delete a new sub-account in your QuickBooks and assign them a particular section of work. To know how to do this follow the below steps carefully or you can also assist yourself at QuickBooks Support Canada to know more about your account.
To make a new account:

  • Open your QuickBooks software.
  • Click on the Gear icon and then select Chart of Accounts.
  • Click New and then select the Category Type from the Drop-down list.
  • If you see more than one choice in the Details Type, Select the type that you want to create.
  • Enter a name and you may also give a brief Description in the Description field.
  • Select the check box to create a Subaccount and then click the Parent account drop-down arrow.
  • You may also enter an opening amount for this and then in the ‘as of’ field, enter the date of balance and click Save.

To edit:

  • Click on the Gear icon and select Chart of Accounts.
  • Select Edit.
  • Make the changes that you want. If you make changes in the “Use for billable expenses” option, remember this only applies to future billable expenses.
  • Click Save to save the changes.

To Delete:

  • Sign in to your QuickBooks and click on the Gear icon and click Chart of account.
  • Select the account that you want to delete and click its drop-down arrow under the Action column.
  • Select Delete and then click YES to confirm the deletion.

Now you are done with the process if you still find yourself lacking somewhere then make a call on QuickBooks Technical Support Number 1-855-687-3777, a team of professionally trained experts will assist you and make sure that you will get a satisfactory answer to your problem.

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