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Replying to:
Malcolm Ziman
Level 10

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@MaryLandT wrote:

Good day, @laura73,

 

 

 Thus, you need to transfer all the transactions to the parent account first.

 

 


No, not all the transactions. Just the balances. With a journal entry: debit all the subs, credit parent with total of the subs, so the balances in the subs will then be zero. Then you can make them inactive. Reconcile the parent

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