% of a check

drew.laura · 2006-09-09T02:50:01+00:00

Ok - I have NEVER used quickbooks and I just started a new job where Ihave to process bills tobe 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 themin quickbooks)say for instanceAdministration 10% usageMain Store Front 90% usage(this is oversimplified for the example)Anyway, is there a way to have QB have those calculations andcatagories in certainPayees ?So for instance if the Electric Bill is $256.00, all the book keeperneed do is enter the 256.00 and because we set it up to automaticallyallocate 90% for the Store and 10% for Admin, it will do the mathautomatically?(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 thatautomatically....Thanks for any help on impressing my new boss!Laura