Apple Mac2014 - Items

QuickBooks for Mac 2014 User’s Guide 49
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Adding subaccounts
Subaccounts let you track several related types of income or expenses independently, yet keep them all under the
“umbrella” of a single parent account. For example, if your business has substantial advertising expenses, you could
divide your Advertising expense account into several subaccounts:
Advertising
Directing Mailings
Newspaper Ads
Signs
Yellow Pages Listing
Your reports will now show subtotals for the various ways that you advertise as well as the total for all of your
advertising.
To add a new subaccount:
1 Create a new account as described in the previous section. The account type must be the same as the
parent account. For example, if the parent account is an expense account, the subaccount must be
an expense account also.
2 Select the “Subaccount of” checkbox.
3 From the list, choose the account that you want to be the parent account.
4 Click OK.
To turn an existing account into a subaccount:
1 Choose Lists > Chart of Accounts.
2 Select the account you want to make a subaccount and click Edit at the bottom of the Chart of
Accounts.
3 Select the “Subaccount of” checkbox. From the list, select the account that will be the higher-level
account for this subaccount.
4 Click OK.
Note: You can also select the account then drag and drop it under the name of the account you want to
make it a subaccount of.