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TIMORLANG
Level 3

Odd question: Starting fresh...

So, being the beginning of the year and my business is changing considerably. I was going to cancel my old QBO Plus account and start a new company file. 

 

Basically, I need to start fresh. Different accounts, categories, and invoices. Same company, same EIN.

 

I know that an old company file floats around for about 1 year. Which is good enough. As I would need it for the 2020 taxes. 

 

Is there any other way to do this. Like freeze previous years and start completely fresh? Or is the way that I am planning a good method?


Thanks,
T

Solved
Best answer January 01, 2022

Best Answers
Fiat Lux - ASIA
Level 15

Odd question: Starting fresh...

Cancel your QBO account and re-subscribe by paying for it only one month every 12 months. Consider migrating your data to the QB Desktop file format as insurance. Use the trial license for QB Desktop to open it later if needed.

 

Then you can purchase a new blank QBO Plus account.

https:// quickbooks.grsm.io/US

https:// quickbooks.grsm.io/us-promo

 

 

View solution in original post

1 Comment 1
Fiat Lux - ASIA
Level 15

Odd question: Starting fresh...

Cancel your QBO account and re-subscribe by paying for it only one month every 12 months. Consider migrating your data to the QB Desktop file format as insurance. Use the trial license for QB Desktop to open it later if needed.

 

Then you can purchase a new blank QBO Plus account.

https:// quickbooks.grsm.io/US

https:// quickbooks.grsm.io/us-promo

 

 

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