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Here's the situation: I originally created a cc account and downloaded all my credit card transactions into QB under one credit card account titled "Divvy"
The credit card company was acquired and when I downloaded my next set of transactions, it wouldn't recognize the credit card so QB created a new account titled "Wells Fargo Card Services"
I ended up putting the Wells Fargo Account as a Sub account for Divvy so all my transactions are in one spot but now I want to merge the accounts because the beginning balance of the Wells Fargo card is throwing me an extra transaction.
My question is, will merging the two mess up my reconciliation?
I can help combine the account, DakotahDeuel.
Merging the account won't affect the reconciliation, but you'll have to save the reconciliation report before combining, as it can't be saved afterward. It'll ensure that the transactions stay in the merged account and remain reconciled in QuickBooks Desktop (QBDT).
Please note that merging accounts is permanent and cannot be undone. Here's how:
Here's the link for merging information in QuickBooks, including vendors and customers: Merge Accounts, Customers, and Vendors.
Additionally, you can refer to this page when you add and match transactions.
You can always count on me if you need further assistance in managing your books and dealing with your tasks in the program. Take care.
Hello, I have 2 employees who have thier own company credit cards but they are tied into the main credit card account. When I tried merging the credit cards I got a warning saying I can't merge credit cards that are connected to online banking. How can I have all employee credit cards connected to one account?
@CCSDenver Should be as simple as editing the CC accounts and setting them as subaccounts of a parent CC account.
All charges and payments applied to the subaccounts individually will flow into the parent account's total balance, just as you should be seeing on the credit card statement you receive in reality.
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