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Closing a bank account in QB

Posted by Delandkitty 
Closing a bank account in QB
February 23, 2013 12:23PM

I love this site! It has been very helpful and I really appreciate the time and effort you put into the videos. Thank you so much!!

I am new to QB and bookkeeping so my question may be a basic one. I have been recently hired to do the books for a company that hasn't enetered many/any transactions since July of last year. During this time (December 2012) they closed out a bank account. How do I record this in QB?

Fair warning: I may have many more questions for you...

Thank you,
Re: Closing a bank account in QB
March 02, 2013 11:36AM
Hello Kitty,

I received all your questions so far.

I will have a video response for you tomorrow on the rest.

Regards to the bank account being closed, you can't do that if there are transaction involved. Best you can do is make it inactive so you can't use it by accident any more.

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