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Get 50% OFF QuickBooks for 3 months*
Buy nowWhen I go to make an account inactive this message shows up,
"To make this account inactive, QuickBooks will zero out its balance.
You're about to make 1 account inactive. This will remove it from the account and category fields on your transactions. You can make it active again later if you need to. Continue?"
What does it mean it will be removed from the account and category fields on transactions? Will the bank information be removed from the transactions already expensed?
Also, I noticed that you could pull up an account and disable it, what happens when you disable a bank account? What does it do to all the transactions that have been expensed in Quickbooks when you disable an account??
Just to be clear of what I'm looking to do, I would like to keep all transactions with all the bank information in QuickBooks from 2020 to the end of 2022, I will not be using this account for 2023 since we opened a new account for the business but cannot lose any data for the years before 2023.
Hope this makes sense...
Thanks again!