1.5c Merging Accounts | Scribe

    1.5c Merging Accounts

    • 12 steps
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    Start in the Sample company.
    1
    To complete this exercise, you must be in the Sample company. From your QBOA account, click on the Gear icon on the top right corner of the screen, then select Sample company.
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    Note that you will be logged out of your current account. If you are sure, click "Continue" to confirm.
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    Now let's get started with the exercise.
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    **I**MPORTANT: This exercise is for demonstration purposes only. Accounting and Bookkeeping do not necessarily need to be the same account. It all depends on what the business owner needs/wants to see in their reports.
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    First, we need to go to the Chart of accounts.
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    From the left navigation bar, hover over Transactions, then select "Chart of accounts".
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    In the Filter by name or number field, start typing "Bookkeeper" until the Bookkeeper account shows up.
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    Click the "down arrow" next to Run report, then select "Edit".
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    In the Account name field, change the name of the account to "Accounting".
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    The preview window now shows two accounts with that name.
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    Click "Save".
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    QBO will now ask if you want to merge the accounts.
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    Click "Yes, merge accounts".
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    The preview shows that you now just have one account. You will need to save it before changing the name.
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    Click "Save".
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    Next, let's change the name of the account.
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    In the Filter by name or number field, delete "Bookkeeper" and start typing "Accounting" until the Accounting account shows up.
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    Click the "down arrow" next to Run report, then select "Edit".
    11
    In the Account name field, change the name to Accounting & Bookkeeping by adding "& Bookkeeping".