Good day, @sduttonusa.
I'll guide you on the best course of action we can take for your old company file to start the new one.
To retain the QuickBooks framework from the old company file, delete the transactions and profiles manually. Afterward, enter the details and info of the new company.
The other way around, instead of duplicating the QuickBooks File and deleting financial information, you can export the lists from the old file and import them to the new one to exclude the transactions.
Here's how to export via MS Excel:
- Ensure to log in as the Admin and set up on the Single-user mode.
- From the Edit menu, pick Preferences.
- Select Items & Inventory, then move to the Company Preferences section.
- Click the Inventory and Purchase Orders are Active checkbox, then select OK.
After that, set up accounts in your data file. Check out this article for more info: Import or export MS Excel files.
Additionally, you can read this article if you want to remove unused or inactive list entries in QuickBooks Desktop (QBDT): Condense your QuickBooks Desktop file for import to QuickBooks Online.
If you want to learn how to back up your accounting data in QBDT, feel free to read this article: Back up your QuickBooks Desktop company file.
Leave a reply below if you have additional questions about managing your new company file in QBDT. I'll be willing to lend a hand. Keep safe, and have a good one.
