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4animalwellness
Level 1

I deactivated a checking sub account in chart of accounts. It put a journal entry into my main checking account. Please say I can reverse this so that the data is saved?

What are the steps to do this? I have made no changes since deactivating that sub-checking account.

1 Comment 1
JoesemM
Moderator

I deactivated a checking sub account in chart of accounts. It put a journal entry into my main checking account. Please say I can reverse this so that the data is saved?

You can restore the inactive sub-accounts to cancel out the journal entry made in the main checking account, 4animalwellness. I will assist you through the steps to resolve this in QuickBooks.

 

Before making an account inactive, ensure its balance is zero as QuickBooks Online will generate an entry to adjust the amount. To reactivate the inactive account, click the Make active option in the Action column.

image (1).png

If you’ve restored a deleted account with a non-zero balance, you can delete the automatic adjustment entry made by QuickBooks. This will correct the account balance that was deleted before.

 

Here's how:

 

  1. Go to the Gear icon⚙ and select Chart of accounts.
  2. Find the restored account, then in the Action column, select View Register.
  3. Find the transaction with the memo Created by QB Online to adjust the balance for deletion. It should be the last entry in the register.
    image (2).png
  4. Select the entry, then Delete.
    image (3).png
  5. Click Yes to confirm deletion.

image (4).png

For additional information, check out this article: Restore an inactive balance sheet account in QuickBooks Online.

 

Once done, ensure the balance of your sub-accounts is zero before marking them inactive. To get more guidance on inactivating an account, follow this link: Make an account inactive on your chart of accounts in QuickBooks Online.

 

If you require assistance with managing your chart of accounts, consider partnering with our QuickBooks Live Experts. This service can help streamline your bookkeeping tasks and save you significant time when preparing reports and handling other aspects that aid in your business growth.

 

Additionally, I've included this article as a reference for reconciling accounts to ensure your bank or credit card statements align: Start a reconciliation.

 

You can always reach out to me whenever you need assistance with your account or any related questions regarding QuickBooks. Just tag me in your response, and I’ll reply as soon as possible, 4animalwellness. Wishing you all the best for your continued success!

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