Close your books faster by automating your receivables
Sub-accounts help you to save time during reconciliation. Instead of all your receivables flowing into one account, these can be compartmentalized into different sub-accounts. You can assign sub-accounts that mirror your accounting ledger or to clients, departments or anything that will help you to better manage your incoming or outgoing flow of funds.
Yes, you can create sub-accounts as you need. For each sub-account, you can set the necessary permissions among your team members. For instance, you may want to create a payroll sub-account so that only a specific set of people would have access to.