Introducing Sub-Accounts in Zoho Books!

Introducing Sub-Accounts in Zoho Books!

Hello Everyone,

Sub-Accounts is LIVE!

Yes, you read it right. The much needed and most requested feature is now live in Zoho Books. The sub-accounts feature in Zoho Books will help you to classify your accounts further which will give you a more detailed view of your accounts while running reports.

You can create sub-accounts for the below Accounts:
  • Asset
  • Cost of Goods Sold
  • Expense
  • Liability
  • Fixed Asset
  • Other Asset
  • Other Current Asset
  • Long Term Liability
  • Other Current Liability
  • Other Liability
  • Other Expense
To create a sub-account, all you need to do is, check the box that reads ‘Make this a sub-account’.



You can currently add one parent account and add another two levels of sub-accounts for the parent account. Like in the example shown below.



Credit and debit transactions occurring in these accounts will reflect in the following reports:
  • Balance Sheet Report
  • Profit & Loss report
  • Cash Flow Statement
  • Trial Balance
  • General Ledger
Take a look at our help documentation for more information. 

We know you've been waiting for the sub-accounts feature for a very long time. Go ahead and give it a try. We would love to hear your feedback on this.

Regards,
Keerthiga S A
Zoho Books