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How to delete or restore account in QuickBooks?

Every business needs to keep accurate business records, no matter what’s the nature of your business. And for keeping your business records in a systematic way QuickBooks accounting software is the best one. Many business owners use this software for the accounting needs of their business. But many times while working with QuickBooks you may need to delete an account from your company or might be you require restoring the deleted account.

If you too want to delete or restore any account and you have no idea, about how to perform this activity this article is going to guide you on how you can delete an account or restore a deleted account in QuickBooks.

One can delete the account from QuickBooks, which is no longer in use. But before deleting any account makes sure you don’t have any concern remained regarding the earlier record and data to that account. Once you have ensured that then, you don’t need to worry about anything as deleting an account doesn’t delete any of transaction made with that account. And you can find them in your account reports as QuickBooks also allows you to restore the account that you have deleted.

After you have deleted an account, it gets removed from the Chart of Accounts, and all the other places where the option to choose the account is available. The transactions you have done with that account will always remain in the company data and you can find it anytime through reports.  In case, if the balance sheet account is deleted with transactions and the account balance, an auto-create journal entry will be made by taking the help of QuickBooks Online Support. This is the reason it is recommended not to delete balance sheet accounts with balances. Make sure to correct the account to zero before deleting them.  Furthermore you can edit or delete the deleted income and expense account transactions from where it is located and it can be opened through reports.       

You can follow the steps to delete the Accounts:
1. Go to toolbar, choose the gear icon
2. Choose the chart of accounts Under Your Company
3. Search for the account which you want to delete.
4. Click on delete from the action column drop-down list.
5. Click yes on the confirmation message to delete the account.   

Follow the steps to delete Multiple Accounts at one time:
1. Select Accounting from the left menu that appears.
2. Choose/mark all the accounts you want to delete.
3. Click on batch action and choose delete from the drop-down list.
4. Click yes on the confirmation message to delete the selected accounts.   

Steps to Restore a Deleted Account:
1. From the toolbar, choose the gear icon
2. Select the chart of accounts Under Your Company
3. Click the small gear icon located just above the action column, and then checks to include inactive.
4. Look for the account which you want to restore.
5. Choose to make active to enable the account again.

Error for the Account
If you encounter an error message showing “This account cannot be deleted because it is used by a product or service,” then you would be required to change the product or service account, or you can delete the product or service if it is not required anymore.

You can follow these steps to change the account linked to a product or service: 
1. Go to the toolbar, choose the gear icon
2. Choose Products and Services from drop down.
3. Locate the item and from the action, column click on edit
4. Change the account associated with the product or service.
5. You can also apply the change to already enter transactions. For that click on Also update this account with historical transaction options.

If in case, you still face any problem related to deleting or removing the account or any other issue you can take help of QuickBooks Support Number will guide you with all the steps to let you perform your desired activity. You can call us at QuickBooks Customer Support Number +1 (888) 366-0202 for more assistance and guidance.

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