I am setting up Quickbooks for use with a Boy's and Girl's Club. We have only one checking account and want to keep the Boy's and Girl's accounts seperate. I have set up two subaccounts under my checking account:

Boy's
Girl's

We have $2,000 in our checking account and I have entered this amount in the opening balance of our checking account.

Now We have bills to pay for the Boy's (the account shows $0). Do we need to move money into my Boy's subaccount? How?

Also, We get checks for both the Boy's and Girl's to deposit (monthly fees). How can we handle this. For example:

Joe Smith - $100
John Jones - $100

Linda Jones - $100
Jane Doe - $100

Total $400 for my deposit ($200 for Boy's $200 for Girl's).

Making subaccounts of one bank account isn't a good solution, especially when you try to reconcile. If you set up Boys & Girls "classes", you can track the income & expenses for each, yet still be one whole company. You will be able to run reports on each separately, or together.

Read the Help Index on Classes to see if that won't be a better set up for you.