What are QBO Sub-accounts and how are these accounts added to the Chart of Accounts (COA)?
A)Subcategories of an account that aid in decision making.Add Sub-accounts by selecting New from the COA window,then enter the Category Type,select Detail Type and enter a name.
B)Subcategories of an account used to determine the appropriate tax form.Add Sub-accounts by selecting New from the COA window,then enter the Category Type,select Detail Type and enter a name.
C)Subcategories of an account that aid in decision making.Add Sub-accounts by selecting New from the COA window,next hit the + sign in the upper right corner,then enter the Category Type,select Detail Type and enter a name.
D)Subcategories of an account that aid in decision making.Add Sub-accounts by selecting New from the COA window,then enter the Category Type,select Detail Type and enter a name.Check Sub-account box to confirm the account is a Sub-account.

Question

Quizplus · Accepted Answer

Sub-accounts are subcategories of an account that aid in decision making. These accounts are added to the Chart of Accounts by selecting New from the COA window, then entering the Category Type, selecting Detail Type, and entering a name. To confirm that the account is a sub-account, the Sub-account box should be checked. Option D accurately describes this process.

What Are QBO Sub-Accounts and How Are These Accounts Added