By Amanda Karen | CrunchSum
Periodically you should review your Chart of Accounts and get rid of unneeded or unused accounts. Having an accurate Chart of Accounts will help to ensure that transactions are tracked and booked to the correct accounts. It is common to find duplicate accounts, meaning more than one account that has been created to track the same thing. To eliminate these duplicate accounts, you can choose to merge them following these 3 easy steps.
Step 1: Identify Duplicate Accounts
Step 2: Edit Duplicate Account Name
Select the account that you want to eliminate/merge and choose to Edit.
Change the name of the account to match exactly the name of the account you want to merge it with.
Step 3: Merge Duplicate Account
You will then be prompted to merge accounts. Select yes.
Your duplicate accounts will now be consolidated (merged) into a single account.
Questions or comments? Leave a note below or send an email to firstname.lastname@example.org.
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