If you want to merge two accounts in QuickBooks Desktop, then it is basically an unchangeable process, be sure that this is one of the best processes that work for your requirements. In this article, we are to discuss the process with caution to follow while merging two accounts in QBD, Go through the article to learn the detailed process. If you have any issue related to it then contact us toll-free: +1-844-405-0904
At a time, you can only merge two customers’ names in QuickBooks and can merge two accounts, and make sure both accounts also have the same type of account. And also in most situations, you are able to change the account type to match with the new account.
Note: Make sure that the accounts you are moving also be on the same parent or sublevel.
For example, if one account is a parent and the other account is in a sublevel or subaccount, you will not be capable of merging these accounts till you change your status to match.
All the accounting information, financial reports, transactions, and credits, are automatically merged within the account you hold while merging two QuickBooks accounts.
Merging QuickBooks accounts can keep finances in one section, which can be helpful for holding better avenues of business and personal finances, preparing taxes, and tracking income.
How Do I Merge Two Accounts In QuickBooks
Go to the “Lists” menu and choose “Chart of Accounts.” In case, if one of the accounts you desire to merge is on another hierarchical level, then point to the small diamond next to the account being drawn. The diamond automatically turns into a four-headed arrow. Drag the account next to the account that will be merged with.
Select the account that you will not use, then choose the “Account” button and next select “Edit account“. Rename the account to the name of the account with which you are merging it. Account names must match for the merge to be successful.
Select “Save & Close” and later choose “Yes” to confirm. These steps automatically merge accounts in QuickBooks.
Frequently Asked Question
Q. Can you merge two accounts in QuickBooks?
The answer is Yes, you can merge two accounts in QuickBooks Online with two steps. Firstly you are required to choose the account that you want to merge. Then next you need to choose which account you want to delete and which account you want to keep. After selecting, QuickBooks merges the account by combining the data with the original one and deleting the duplicate data. But remember, you should export the data before merging so that you avoid loss of data also after merging the account it cannot be undone so review it carefully before taking the final step.
How do I merge two clients in QuickBooks?
Steps to merge duplicate clients:
- Firstly you need to log in to QuickBooks Online Accountant as an admin.
- Then click on the setting icon.
- Here you can see the Merge duplicate clients click on it.
- After that click on Getting Started.
- Now you need to select each target client by choosing the checkbox.
- Now from the Matched Client Name dropdown, choose the name of duplicate client.
- After that click on Select client contact info button.
- Now you have to choose the client info for each client match in the drop-down list.
- Now click on Verify changes after confirming the client’s contact info.
- After reviewing the information to be merged you need to select Merge clients.
- Now the final step is to Select Done.
Hope, you like to read this article and are easily able to merge accounts in QuickBooks after reading this article.
If you have any issue or query related to the same or if any, related to QuickBooks then directly reach us on our toll-free [qucikbooks] and connect to your Intuit-certified ProAdvisor and get the quick solution within a couple of times. We will be more than happy to help you out with your issues.