Can I use 2 accounts payable when I have need for split between Intercompany and third party accounts?

Yes, you can use multiple Accounts Payable but we recommend maintaining one, @bojan. I can guide you through creating them and provide details on how they function within the program.

QuickBooks will automatically post your transactions to the default AP account, set up during the company's initialization. You can choose which one to utilise when entering and paying bills from the various accounts available. To get started, follow these steps:

1. Go to the Transactions menu and select Chart of Accounts.
2. Click the New button.
3. Enter an account name with a unique character for easy identification between intercompany and third party accounts.
4. Choose Accounts payable as the Account Type.
5. Pick the same account from the detail type.
6. Click Save and Close.

If you wish to transfer entries from the default A/P to another account, create a journal entry. Before proceeding, I recommend seeking guidance from your accountant for accurate recording. If you don't have one, our QuickBooks ProAdvisor will help you.

Explore the following resources to learn more about COA and how to delete, edit, or merge accounts: 

• Learn about the chart of accounts in QuickBooks Online
• Manage default and special accounts in your QuickBooks Online chart of accounts

For more information on organising the list of accounts and transactions affecting a balance sheet, refer to these articles:

• Use account numbers in your chart of accounts in QuickBooks Online
• Resolve accounts receivable or accounts payable balances on a cash basis balance sheet in QuickBooks Online

It's my pleasure to assist you in managing outstanding transactions and accounts. I'm always around in the forum to answer your further concerns.