Easy methods to Delete Bank Account in QuickBooks - PowerPoint PPT Presentation

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Easy methods to Delete Bank Account in QuickBooks

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Title: Easy methods to Delete Bank Account in QuickBooks


1
Is It Possible For QuickBooks To Have Multiple
Bank Accounts?
  • Name- Lily Evans
  • Company- QuickBooks Data Service Solutions
  • Website- https//dataservicesolutions.com/

2
Various Ways That Allows You To Use Multiple Bank
Accounts In QuickBooks
  • 1. Delete Bank Account In QuickBooks
  • You can also delete bank account in QuickBooks,
    if desired, by right-clicking the account's name
    on the Chart of Accounts and clicking Make
    Inactive. The bank account's name remains within
    your Chart of Accounts, but QuickBooks will not
    access the account's online transactions.

3
  • 2. Account Interference
  • Each bank account within QuickBooks remains
    separate, and transactions are not merged, which
    eliminates the possibility of one account
    interfering with another. Each bank account is
    linked to its own online banking server and
    transactions are downloaded separately into
    QuickBooks.

4
  • 3. Merging Bank Accounts
  • After adding an additional or multiple bank
    accounts within QuickBooks, you can merge two
    accounts if both are from the same bank. However,
    all transactions in each account must be matched
    and cleared, and there should not be any
    transactions pending. If merging bank accounts,
    you must first deactivate online services for
    each account and create a new account for online
    banking via Account's Edit Account feature by
    following the on-screen prompts.

5
Wrapping It Up!
  • We hope the above information would have answered
    your query whether its possible for QuickBooks
    to have multiple bank accounts or not. However,
    when not required you can go ahead and delete
    bank account in QuickBooks. Moreover, if you need
    any banking related assistance, we would suggest
    you to get in touch with our experts by dialing
    QuickBooks Data Services Solutions Helpline
    Number 1-(855)-955-1942.
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