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shannunh
Level 1

In "Banking"I have created two accounts to same bank account number. Both are active showing transactions. I put all deposits in one account , Can I safely delete one?

 
2 Comments 2
ReymondO
QuickBooks Team

In "Banking"I have created two accounts to same bank account number. Both are active showing transactions. I put all deposits in one account , Can I safely delete one?

Hi there, @shannunh.

 

Yes, you can safely delete one of your accounts in QuickBooks Online (QBO). If all of its transactions are already transferred to your other account and cleared out its balance, follow these steps to inactivate it:

 

  1. Go to the Accounting menu and select Chart of Accounts.
  2. Look for the account, then click the drop-down list under the Action column. 
  3. Select Make inactive
  4. Click Yes to confirm.

make inactive account.PNG

If this account has a non-zero balance, inactivating it will cause an adjusting transaction to be created. 

 

When you run reports, you’ll still see inactive accounts and their transactions. QuickBooks includes them to keep everything accurate. You can customize some reports to hide inactive accounts, but this may affect accuracy.

 

In case you want to see your inactive accounts in your chart of accounts, follow these steps:

 

  1. Go to Settings and select Chart of Accounts.
  2. Click the Gear icon ⚙ next to the printer icon.
  3. Select the Include inactive checkbox.

 

Let me know if you need further assistance with this. I'm always around to provide answers and clarifications to your questions. Have a great day ahead and take care.

ReymondO
QuickBooks Team

In "Banking"I have created two accounts to same bank account number. Both are active showing transactions. I put all deposits in one account , Can I safely delete one?

Hi @shannunh.

 

Hope you’re doing great. I wanted to see how everything is going about the banking account concern you had the other day. Was it resolved?

 

Do you need any additional help or clarification? If you do, just let me know. I’d be happy to help you at anytime.

 

Looking forward to your reply. Have a pleasant day ahead!

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