Merging accounts question

You're unable to merge accounts of different types, regardless of which QuickBooks Desktop (QBDT) version you're using, Deadwood Al. We'll walk you through the process of making the necessary corrections to maintain the accuracy of your financial data.

We'll first have to update the type (from Accounts Receivable to Other Current Assets) so you can merge your accounts. To do this, here' show:

1. Go to the Lists menu, then select Chart of Accounts.
2. Right-click on the account that you want to edit.
3. Select Edit Account.
4. Update the account details.
5. Select Save & Close.

Once you're done, combine your accounts. Please see this article for the complete guide: Merge list entries in QuickBooks Desktop.

Additionally, we recommend regularly reconciling your accounts (monthly) to effectively track your income and expense transactions.

If you have other concerns about merging accounts in QBDT, don't hesitate to ask, as we're here to assist you in any way possible.

If I am able to simply change the account type from Accounts Receivable to Other Current Assets, why would I need to merge that account into another? If I can change the type to Other Current Assets, then my problem is solved ... I wouldn't need to create another account or merge anything.

My understanding was that the Type couldn't be changed for certain types of accounts ....? Is that not correct?

Did I misunderstand something, or did you misunderstand my question?

Thanks for taking the time to reply to this thread, Deadwood Al. Let me provide some guidance on changing account types within your Chart of Accounts.

You're correct that you cannot simply change an Accounts Receivable type to an Other Current Asset type.

In this situation, you'll need to delete the incorrect account if it has not been used in any transactions yet. If transactions exist, you can make the account inactive instead. Then, recreate the account selecting the proper Other Current Asset type.

Let me share these articles for more details: 

• Add, Edit, Or Delete Accounts In QuickBooks Desktop
• Work With The Chart Of Accounts In QuickBooks Desktop

Feel free to reach out if you need any other help modifying accounts in your QuickBooks company file, Deadwood Al. I'd be glad to provide further guidance on managing your Chart of Accounts and account setup.