Ok - I have NEVER used quickbooks and I just started a new job where I have to process bills to be paid-for the bookkeepe who then puts them in QB. I have a maybe complicated question about what QB can do: Say for instance I have an Electric Bill. It has to be split up between 2 catagories (not sure what you call them in quickbooks) say for instance Administration 10% usage Main Store Front 90% usage (this is oversimplified for the example) Anyway, is there a way to have QB have those calculations and catagories in certain Payees ? So for instance if the Electric Bill is $256.00, all the book keeper need do is enter the 256.00 and because we set it up to automatically allocate 90% for the Store and 10% for Admin, it will do the math automatically? (sort of like if you had a spreadsheet with calculations in it?)
Right now that is how I have to do it. The owner has the few payees (actually there are more than a few) on a spreadsheet and %'s assigned for each catagory. Gosh, I used Quicken years ago and I could have sworn you could do that automatically.... Thanks for any help on impressing my new boss! Laura