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Subject Author Date
online bank acct Randy Starkey 01-19-2007
Posted by Randy Starkey on January 19, 2007, 11:10 am
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Hi,

Doe anyone know if there is a way to have sub-bank accounts and still use
online banking out of both sub accts? Since QBW seems to allow only one
online acct with the same account number, it appears that only one sub acct,
or the main acct, can send online. This of course defeats the purpose of
sub-account tracking.

Thanks!

--Randy Starkey



Posted by Allan Martin on January 19, 2007, 12:00 pm
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> Hi,
>
> Doe anyone know if there is a way to have sub-bank accounts and still use
> online banking out of both sub accts? Since QBW seems to allow only one
> online acct with the same account number, it appears that only one sub
> acct, or the main acct, can send online. This of course defeats the
> purpose of sub-account tracking.

You might also ask if what you want to accomplish by using bank sub accounts
can be done using other methods. Naturally you must disclose the purpose for
using bank sub accounts.


>
> Thanks!
>
> --Randy Starkey
>



Posted by Randy Starkey on January 19, 2007, 12:08 pm
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Hi Allan,

We do already use classes, and our purpose of the sub-bank accounts is to
quickly and easily (without reports) to see the balance of two different
divisions that share a bank account. The reason we share an account, is it
saves a lot on credit card fees and many other similar things.

Thanks,

--Randy

>
>> Hi,
>>
>> Doe anyone know if there is a way to have sub-bank accounts and still use
>> online banking out of both sub accts? Since QBW seems to allow only one
>> online acct with the same account number, it appears that only one sub
>> acct, or the main acct, can send online. This of course defeats the
>> purpose of sub-account tracking.
>
> You might also ask if what you want to accomplish by using bank sub
> accounts can be done using other methods. Naturally you must disclose the
> purpose for using bank sub accounts.
>
>
>>
>> Thanks!
>>
>> --Randy Starkey
>>
>
>



Posted by Allan Martin on January 19, 2007, 12:22 pm
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> Hi Allan,
>
> We do already use classes, and our purpose of the sub-bank accounts is to
> quickly and easily (without reports) to see the balance of two different
> divisions that share a bank account. The reason we share an account, is it
> saves a lot on credit card fees and many other similar things.

The decision is up to you, which is more important, online banking or
quickly knowing the cash balance attributable to each business division.


>
> Thanks,
>
> --Randy
>
>>
>>> Hi,
>>>
>>> Doe anyone know if there is a way to have sub-bank accounts and still
>>> use online banking out of both sub accts? Since QBW seems to allow only
>>> one online acct with the same account number, it appears that only one
>>> sub acct, or the main acct, can send online. This of course defeats the
>>> purpose of sub-account tracking.
>>
>> You might also ask if what you want to accomplish by using bank sub
>> accounts can be done using other methods. Naturally you must disclose the
>> purpose for using bank sub accounts.
>>
>>
>>>
>>> Thanks!
>>>
>>> --Randy Starkey
>>>
>>
>>
>
>



Posted by Randy Starkey on January 21, 2007, 2:18 pm
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>
>> Hi Allan,
>>
>> We do already use classes, and our purpose of the sub-bank accounts is to
>> quickly and easily (without reports) to see the balance of two different
>> divisions that share a bank account. The reason we share an account, is
>> it saves a lot on credit card fees and many other similar things.
>
> The decision is up to you, which is more important, online banking or
> quickly knowing the cash balance attributable to each business division.


Right. We've talked to Intuit's beta dept. - we did alot of work for them in
the 2007 beta - and they think this might be fixed soon. We found one
workaround... Enable OLB on all accts with dummy acct numbers, and then just
change the acct number to the real one for each batch of OLBP as we do them
from the sub-accounts


>
>
>>
>> Thanks,
>>
>> --Randy
>>
>>>
>>>> Hi,
>>>>
>>>> Doe anyone know if there is a way to have sub-bank accounts and still
>>>> use online banking out of both sub accts? Since QBW seems to allow only
>>>> one online acct with the same account number, it appears that only one
>>>> sub acct, or the main acct, can send online. This of course defeats the
>>>> purpose of sub-account tracking.
>>>
>>> You might also ask if what you want to accomplish by using bank sub
>>> accounts can be done using other methods. Naturally you must disclose
>>> the purpose for using bank sub accounts.
>>>
>>>
>>>>
>>>> Thanks!
>>>>
>>>> --Randy Starkey
>>>>
>>>
>>>
>>
>>
>
>



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