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Level 1

I have two companies on my online QBs. I need to delete on of them that is no longer in business. How do I delete the unused company?

 
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Community Champion

I have two companies on my online QBs. I need to delete on of them that is no longer in business. How do I delete the unused company?

You can only delete, truly delete by going in and deleting transactions one by one to end up with an empty account.

 

What you want to do is cancel your subscription and even then your data will NOT be deleted by QuickBooks for an entire year and there is nothing you can do to delete the data prior to day 366.

 

https://help.quickbooks.intuit.com/en_US/kb/cancel-quickbooks-online-subscription/000001953_en_US:SA...

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Level 10

I have two companies on my online QBs. I need to delete on of them that is no longer in business. How do I delete the unused company?


@john-pero wrote:

You can only delete, truly delete by going in and deleting transactions one by one to end up with an empty account.

 

What you want to do is cancel your subscription and even then your data will NOT be deleted by QuickBooks for an entire year and there is nothing you can do to delete the data prior to day 366.

 


I believe you are supposed to keep the books available even after the business has closed, for a few years, so 1 year is not enough

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Community Champion

I have two companies on my online QBs. I need to delete on of them that is no longer in business. How do I delete the unused company?


@Malcolm Ziman wrote:

@john-pero wrote:

You can only delete, truly delete by going in and deleting transactions one by one to end up with an empty account.

 

What you want to do is cancel your subscription and even then your data will NOT be deleted by QuickBooks for an entire year and there is nothing you can do to delete the data prior to day 366.

 


I believe you are supposed to keep the books available even after the business has closed, for a few years, so 1 year is not enough


3 years for a regular tax audit, 7 years if you are cooking the books, lol

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