How do sub-accounts work?
Create sub-accounts under your main virtual account to segregate funds. Each sub-account has its own number and can be named (e.g., 'Sales', 'Expenses...
Last updated August 5, 2026
Sub-accounts help you organise your funds for better tracking.
How sub-accounts work
- Create sub-accounts under your main virtual account.
- Each sub-account has its own account number.
- Name sub-accounts for different purposes.
Use cases
| Sub-account | Purpose |
|------------|---------|
| Sales | Track revenue from product sales |
| Services | Track revenue from service payments |
| Expenses | Set aside funds for business expenses |
| Payroll | Allocate funds for staff salaries |
| Taxes | Set aside funds for tax payments |
How to create a sub-account
- Go to Business > Virtual Accounts.
- Select your main account.
- Tap Create Sub-account.
- Enter a name for the sub-account.
- Tap Create.
Tracking balances
- View individual balances for each sub-account.
- See combined balance across all sub-accounts.
- Export reports by sub-account.
Tip: Use sub-accounts to separate funds for different business units or projects.
Need a hand? Email hello@cashmatrix.ng.