question archive What is a Sub-Account and what is it used for? A)It's used for savings accounts and non-subaccounts are used for checking accounts B) It is an account within another account (or belonging to a parent account) used to represent higher level of detail of a parent account
What is a Sub-Account and what is it used for? A)It's used for savings accounts and non-subaccounts are used for checking accounts B) It is an account within another account (or belonging to a parent account) used to represent higher level of detail of a parent account
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What is a Sub-Account and what is it used for?
A)It's used for savings accounts and non-subaccounts are used for checking accounts
B) It is an account within another account (or belonging to a parent account) used to represent higher level of detail of a parent account. Sub-Accounts can be collapsed or expanded in reports.
C) It is a non-posting account used to input all non-posting transactions
D) Both B and C are Correct
E) None of the Above
