QuickBooks 2018 For Dummies (For Dummies (ComputerTech)) by Stephen L. Nelson

Author:Stephen L. Nelson [Nelson, Stephen L.]
Language: eng
Format: azw3
ISBN: 9781119397397
Publisher: Wiley
Published: 2017-10-11T04:00:00+00:00

Here’s sort of a trick question: What if the check you’re writing pays more than one category of expense? Suppose that you pay your landlord for both your rent and a share of the utilities. Are you limited to one expense account? Do you face the mother of all accounting dilemmas: choosing between two correct accounts? Well, no, you don’t. You can just click the Splits button. QuickBooks displays a splits area that you can use to split a check across several different accounts. A $1,500 check that pays $1,200 of rent and $300 of utilities, for example, can split onto two separate lines: one that records the $1,200 of rent expense and one that records the $300 of utilities expense.

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