I've got the steps to help you transfer the funds, Keithb123.
To start, let's create a new account in QuickBooks Desktop. Before proceeding, make sure to take note of the UBS account's details. This way, we can set up the new one using the same information.
Here's how to create a new account:
- Go to the Lists menu and then select Chart of Accounts.
- From the Account drop-down menu, click New.
- Select an account type, then select Continue.
- Complete the account details. Make sure all the details are the same as the old account.
- Click Save & Close.
After that, we can now transfer the funds. I'll show you how:
- Go to the Banking menu and then select Transfer Funds.
- Enter the account you want to transfer the funds from (UBS).
- Select the account you want to transfer the funds to (Charles Schwab).
- Enter the desired amount.
- Click Save & Close button.
Aside from making a new account, you can also
create a new company file from an existing one. By doing so, it'll copy and use accounts, lists, templates, and preferences from the old file. Then, you can
deposit the funds to transfer it.
Lastly, you can
run and customize company and financial reports in QuickBooks Desktop. This provides different perspectives of how your business is doing and ensures your records are accurate.
If you have additional queries about the process, please let us know. We'll keep an eye on this thread so that everything is taken care of. Keep safe always!
