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Sub-accounts are general accounts that are created beneath another account on the chart of accounts. They share many properties of the parent account, but offer the ability to provide their own:
  • Related contact
  • GST policy
  • Posting status (posting enabled/disabled)
  • Reportability for GST purposes
  • Reconcilable status
Transactions posted to sub-accounts affect the balance of the parent account only in displays/reports that collapse sub-accounts.