Skip to main content
Dec 28, 2023 3:51 PM UTC
Question

When recording a transaction in the Bank Register, how do you split the transaction?

When posting a mortgage payment, I would like to split between interest expense and mortgage payable.  How do I do this while recording the transaction?

1 reply

AldritchM
Dec 28, 2023 5:46 PM UTC

Hi there, @colleen326-yahoo.

 

Let me help you review your bank registrar transactions, and have those mortgage payments properly recorded.

 

Here's how:

 

  1. Select Transactions, then select Chart of accounts.
  2. Find the account for the transaction.
  3. Under the Action column, click View register.
  4. Choose the transaction, then Click Edit. The entry screen for that particular transaction opens.
  5. Enter the other accounts to add with the amount.
    Please take note, that the amounts for each account should add up to the total amount of the transaction.
  6. Click Save. The transaction now displays Split in account column.

 

Additionally, you can read this article about running a balance sheet report to calculate the worth of your company: Run a Balance Sheet report in QuickBooks Online.

 

If you have more questions about recording a transaction, don't hesitate to reply. I'm always around to help!