Clarification of reasons that may prevent creating a sub-account in the chart of accounts.
Reasons that prevent account sub-division:
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An account that allows payments and collections:
- If the account is listed as a payment and collection account (such as a cash account), it cannot be subdivided.
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Account linked to a location or product:
- If the account is linked to a location or product in the system, it will be prevented from being subdivided.
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Existing transactions on the account:
- If financial transactions or accounting entries have been recorded on the account previously, it cannot be subdivided.
Keywords for inquiry:
Why can’t I add a sub-account under cash advances if the account is not a payment and collection account?