Hi Ruth. Do you think I can “clean up” my chart of accounts? We are running QuickBooks Premier for NonProfits 2010. There are so many unnecessary accounts, it seems like the chart of accounts should be more simple. What do you think?
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You can and you should. Delete all the accounts you haven’t used (if you’ve used it, QuickBooks won’t let you delete it).
You can also merge similar accounts by renaming the account you want to merge so it has the same exact name as the account you want to merge it with. Be careful though, it’s very easy to merge and very difficult to unmerge. You might want to back-up your file before starting just in case you want to go back and start over again.
This article is provided for informational purposes and is not intended to be construed as legal, accounting, or other professional advice. For further information, please consult appropriate professional advice from your attorney and certified public accountant.
Written by +Ruth Perryman, CMA, CFE, CFM, MBA
Ruth is the president of The QB Specialists, an Intuit Premier Reseller that offers huge savings and expert advice on QuickBooks POS and QuickBooks Enterprise. She is an Advanced Certified QuickBooks ProAdvisor and a member of Intuit’s Trainer/Writer Network. She is also certified in QuickBooks POS and QuickBooks Enterprise and has provided expert QuickBooks help to thousands of businesses all over the world since 1996.
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