I have one bank account but want to separate it into 2 accounts. How do I reconcile it?

Question

I want to track 2 different balances but keep them in 1 account.

q_lurker · Answer

I would lean toward exploring the Saving Goals option for the 'special' fund.

swestendorf · Answer

thank you all.  I will try one of these suggestions.  For reference, I am treasurer for a small charitable organization.  We have the operating account and then a separate category within that operating account that we can use for our group's charitable use (cards for death in family, operations, etc.)  The organization wants us to keep the funds in the same account but we do not have to turn the group's special account.  I want to be able to report to the group the breakout of the operating and the special.  Thank you.

dc0063 · Answer

One simple method is to use categories/sub-categories as a 'sub ledger' for Acct1 and Acct2 and then write a report to see the separate balances. You can use both income and expenses in the same category.  
 If you need further detail of the transactions, you might use tags for the Acct & Acct 2, allowing you to use categories as normal. Again write the report to show the detail and period.