@CharleneMaeF
Since I cannot pinpoint the exact date this loan was paid back, can I create a fake bank account and process that item through it and then deactivate the bank account? Looking at this process, I am not making any new journal entries, correct? The main thing is that 99.9% of the items in the books are right and I am just needing to clean up some items so they don't show up on reports when they should not be. Similar to the fact that your girl that handles QB's, when she reconciled the credit cards (all from the same bank, different employees), she only reconciled them from the main credit card account (on the chart of accounts) instead of clearing out each card individually, so on the balance sheet, it still shows that my dad has 5 credit cards with about $500,000 in outstanding balances, LOL.
