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Subaccounts

Subaccounts help you separate funds, streamline operations, and gain clearer financial visibility.

Updated over 2 months ago

What are Subaccounts?

Subaccounts allow you to separate balances and transactions within the same currency.

For each currency in your account:

  • There is always one main account — the Master Account

  • You can create an unlimited number of Subaccounts

  • All accounts (master and sub) operate within the same currency

Subaccounts are useful when you need to:

  • Separate funds by business line, project, client, or region

  • Isolate operational flows (e.g. payouts vs customer payments)

  • Improve reconciliation and reporting

  • Reduce accounting complexity


Master Account and Subaccounts - what is the difference?

There is no functional difference between a Master Account and a Subaccount — all features are fully supported on both. The only distinction is their purpose: Subaccounts serve as additional accounts within the same currency.

Master Account

  • Created automatically

  • Exists for every enabled currency

  • Acts as the main account for that currency

Subaccounts

  • Created manually by the merchant

  • Always linked to a specific currency

  • Always belong to a Master Account of the same currency

  • Have their own balance and transaction history

Funds do not move automatically between Master and Subaccounts — transfers must be done explicitly.


Creating Subaccounts

1) Open Accounts

Go to Accounts → Select a currency → Choose Subaccounts.

2) Create Subaccount

Click Add Subaccount

3) Enter a label (required)

You must assign a label to every Subaccount.

Labels help you quickly identify and filter accounts later.

4) Confirm creation

Once confirmed:

  • The Subaccount is created instantly

  • Balance starts at 0

  • It appears under the currency’s Master Account


Supported transaction types for Subaccounts

You can create transactions directly linked to a specific Subaccount.

When a transaction is created for a Subaccount:

  • It affects only that Subaccount’s balance

  • It appears only in that Subaccount’s transaction history

  • The Master Account balance remains unchanged

You can create the following transactions for a specific Subaccount:


Subaccounts are fully supported in reports.


Best practices

  • Use clear, consistent labels

  • Keep customer-facing funds separated from operational funds

  • Regularly review balances across Subaccounts

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