reconciling multiple business credit cards

GKaufman3

I have Bank of America credit cards for business. There's a master account to receive payments, and child accounts for different user cards. When I download transactions, the payments go into the master account, and user purchases correctly go into the individual user accounts. When it comes to reconciling, the master account has the only statement, combining payment and user transactions. So the accounts can't be reconciled individually, and the balance in the master account, which only has payments, keeps increasing, while the user accounts don't show any payments so keep increasing too. I'm left to manually mark entries as "R". Is there a better way ?

NotACPA

Why do you have separate "child" accounts when, at the bank, there's only a single account?

I'll assume that you want to track each user's expenses separately … but you can combine all of those child accounts into the Master and use TAGS to track the individual's spending.