Thank you for reaching out to the Community regarding your concern about merging credit card accounts, aby1.
A properly arranged list can enhance the efficiency of your bookkeeping and simplify the tracking of transactions. Allow me to guide you on merging your accounts.
Before performing this process, make sure the credit card information is the same between the accounts you want to combine. If they have reconciliation reports, it's essential first to save them. The reconciliation history of the consolidated account may not be maintained, but the transactions will remain reconciled on the merged account.
Consolidating accounts is a permanent process, and the option to reverse it is unavailable. It's important to remember that bank or credit card accounts linked to online banking can't be merged or deleted.
When you're ready, let's switch to the Accountant view and perform the following steps:
- Head to the Gear icon ⚙ and choose Chart of Accounts in your company.
- Look for the account you wish to keep and click the dropdown ▼ in the Action column to select Edit.
- Take note of the Save account under (Account Type), Tax form section (Detail Type), and Account name (Name) of the account.
- Ensure the information is the same between the accounts you want to combine.
- Check if the account is a subaccount or a parent account. Their names of subaccounts are indented in the Name column of the Chart of accounts list and note the parent account it's linked to.
Now that we have all the details, let's handle the other credit card account. Here's how:
- Head to the Gear icon ⚙ and choose Chart of Accounts in your company.
- Look for the duplicate account (one you won't keep).
- Press the dropdown ▼ in the Action column and choose Edit.
- Edit the Account name (Name), and Tax form section (Detail Type) so the duplicate's information exactly matches the one you wish to save.
- Click Save and Yes, merge accounts to confirm the action.
Browse through this reference to gain insights about the process: Merge duplicate accounts, customers, and vendors in QuickBooks Online. From there, you'll learn how to handle the parent and subaccounts.
Take a look at these resources to determine which accounts you can remove, alter, or combine. You'll also learn about the importance of utilizing the appropriate account types and detail types. Click each link to access the complete information:
Should you face any difficulties merging your accounts or need assistance with QBO, just leave a comment below, and I'll make sure to assist you promptly. Have a good one, aby1.
