Do I set up a contingency reserve fund as a subaccont of our operating account in quickbooks? the funds are currently lumped into our operating account.

Hello stratabcs1264-gm,

Welcome to the Community. QuickBooks is an easy-to-navigate program that helps you to manage your accounting with ease. I'll be glad to share more info so you're on the right track with your work. 

In order to get an accurate answer on which account to set up and how, I highly recommend consulting an accounting specialist for expert suggestions. This ensures your books remain accurate while you continue to manage your work with peace of mind. You can also get in touch with a professional using this link here. Other accounting professionals are able to see this post in the Community and this will allow them to chime in. 

Let me know if this info helps. Otherwise, feel free to ask questions in the comments below.