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SAM JEONG
May 10, 2022
Question

Split incomes and expenses into two bank accounts.

  • May 10, 2022
  • 1 reply
  • 0 views

Hello,

 

I'm a newbie to this program.

I'm using QuickBooks pro desktop 2018, and I have a question.

I have two Bank accounts, which is USA and CAD dollar account.

I usually use the CAD account for bill payments, but receive the account receivable as the USA account.

In this situation, the CAD account got a lot of minus numbers, so I want to split the incomes and expenses when I confirm the AR.

Is there a way to split the incomes and expenses when I deposit the AR?

1 reply

J
JamesM4
May 10, 2022

Hello SAM JEONG,

 

Welcome to the Community. QuickBooks is a powerful program that helps you manage your work with peace of mind. I'll be glad to share more info so you're on the right track with your work.

 

Making sure you're recording your transactions properly is an essential step for maintaining clean books. To ensure accuracy in your books, I recommend reaching out to an accounting professional for expert advice on this. If you're not in contact with a professional, don't worry, you can search for one using this link here. In the meantime, feel free to check out this article that shows you how to :  Enter a split transaction into the register.

 

I'll also leave this question open in the Community so other accountant users can share their advice. Otherwise, feel free to ask other questions, I've got your back.

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