chic316860
Level 3

Can/should i inactivate some bank accounts if they are now closed? they have transactions in their registers from last year. they show as $0.00 on current balance sheet.

the accounts are closed and will not be used. they have a balance of $0.00 and they still show on the balance sheet report. can i make them inactive? will that take them off the balance sheet? report? can i make them inactive even if they have transactions in a prior year?