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January 15, 2024
Question

Do it is possible to create several accounts payable accounts?

  • January 15, 2024
  • 1 reply
  • 0 views
I need to create several categories of accounts pauable

1 reply

January 15, 2024

Yes, you can create multiple payable accounts, @otto3. I'm here to share with you the details.

 

Once you set up your Accounts Payable (A/P) in QuickBooks Online (QBO), your bills and invoices will automatically posted on the default account.

 

Also, while a QBO company can have multiple A/P accounts, it's generally recommended to have one account.

 

Nevertheless, here's how to add a new A/P:
 

  1. Go to Settings and choose Charts of Accounts.
  2. Choose Accounts Payable in the Account Type.
  3. Select the detail type and enter its name.
  4. Click Save and Close.

Additionally, this article can help you organize your books: How to group Accounts Receivable or Accounts Payable account types.

 

For future reference, this article can walk you through the steps in matching your account effectively: Reconcile an account in QuickBooks Online.

 

I'll be right here if you have follow-up concerns in creating your Accounts Payable. Take care and have a good one.