Thank you for reaching out with your inquiry about QuickBooks Online (QBO) services after a merger, @gprice1. Understanding how to manage access and data retention during such transitions is crucial, and I'm here to provide you with the information you need.
Currently, QuickBooks Online does not offer a specific service designed for companies that have been sold or merged. If your QBO account remains active after the sale and have transferred your admin rights without receiving new access permissions from the new admin, your access will be restricted. If the account has been canceled, you will only have view-only access for a year.
In instances where your QBO account has been canceled, below are the following points you need to keep in mind during this period:
- You will not be able to perform any administrative functions, but you can view historical data.
- It is advisable to download and securely store important reports and data from your account to ensure you have access for future reference or analysis.
In addition to this, I encourage you to check this resource: Export your QuickBooks Online data. By doing so, you can effectively safeguard your financial information, leverage it for spreadsheet analysis or software migration, and ensure compliance with regulatory requirements. This will also help you have the necessary documentation readily available during audits.
I hope this clarification helps answer your questions about QBO’s services after a merger. If you need further assistance or have additional inquiries, please feel free to reach out. My team and I are here to support you. Have a great day!
