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April 11, 2020
Question

Delete current card account.

  • April 11, 2020
  • 1 reply
  • 0 views

My credit card account has negative amount i would like to delete it and creat new one so i can re enter all the charges from last year. Will that mess up all the previous data. 

Thank you

1 reply

JoesemM
April 11, 2020

Hello, @Irynag.

 

You have to delete all the transactions first before deleting the credit card account. Since the transaction will still be reported in the balance sheet and QuickBooks will create an adjustment for the account to be zero.

 

Once you already deleted the transactions. Then you may now delete a credit card in the Chart of Accounts.

 

Here's how:

 

  1. Select Chart of Accounts from the Lists menu.
  2. Look for the account that you want to delete.
  3. Right-click, then tap on Delete Account.
  4. Choose OK to confirm the action.

I'm adding this article on how to set up your credit card in QuickBooks Desktop: Set up, use, and pay credit card accounts.

 

 

You can also run through our help articles in case you need tips in the future while working with QuickBooks.

 

 If there’s anything else you need, I’ll be here to help you out. Take good care.