Can an account called Cash be setup in QBSE? It’s not connected to a bank. Deposits aren’t made every day, so basically, a holding account.

Quickbook self employed seems to only allow accounts that have a login screen. Is there a way to add a non bank account such as petty cash?

Answer

Thank you for posting here in the Community, bailsmb.

I can share some information about setting up a cash account in QuickBooks Self-Employed. 

In QuickBooks Self-Employed, when you manually add a transaction, this will automatically create a Cash account. Then, after you categorize these transactions as business income and expense, this will automatically be included in your calculations for estimated taxes.

There’s no feature in QBSE to create an account like the chart of accounts in QBO.  

You can only categorize transactions as Personal if this was coming from your connected bank account and imported transactions.

That information should get you going. Let me know if you have follow-up questions about setting up a cash account by leaving a comment below. I'm always glad to help in any way I can. Enjoy the rest of the week. 

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IntuitMaryJoy , Community Support Specialist
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