Organizing your Chart of Accounts with sub-accounts

In your Chart of Accounts, you can create sub-accounts. This allows you to summarize amounts at each account level for better reporting. Watch this video on how to create sub-accounts

To make an account a sub-account, go to your  Chart of Accounts and find the account. Under the Parent account column, 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.