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swordfishbookkee
Level 1

How can I make a bank account inactive?

 
2 Comments 2
lynda
Community Champion

How can I make a bank account inactive?

Hi @swordfishbookkee 

 

First I would do the following:

 

1.  Reconcile the account to zero balance (for closed acct).

2.  Go to accounting

3.  Chart of accounts

4.  Use Register

5.  Edit

6. Disconnect this account on save (if connected to the bank feed)

7. Save

8. Use register>Make inactive.

 

Lynda

Anonymous
Not applicable

How can I make a bank account inactive?

Hi there, swordfishbookkee.

 

In addition to linda's reponse, please note that even though this account is inactive, all transactions posted in this bank will be reported in your financial reports.

 

If you wanted to remove them, please don't inactivate the account. Then, we'll have to delete each transaction one at a time. Here's how:

  1. From the Chart of Accounts, select the bank account.
  2. Select the transaction.
  3. Click on Delete.
  4. Select Yes.

Then, follow the steps above to inactivate. This account will also be disconnected to the online banking. 

 

We are here to help you if you have any other questions. Thanks! 

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