Sometimes as it goes if you no longer want a company or company file in QuickBooks, you would like to delete it. Before we move further, we should first discuss the meaning of the company in QuickBooks for the sake of new users. The company or company file in QuickBooks is nothing but the place where all the financial details of the business get stored.
Now if you no longer want to use the existing company file, you can go ahead and delete it. This way you can manage your financial details in a more effective manner by removing unused company. But you should ensure that you be careful while selecting the company for deletion purposes, because if by mistake you delete an incorrect company, it would create difficulties for you.
In the next section, we will look into the process of deleting the company in QuickBooks Desktop and QuickBooks Online as well. So, let us not delay any further and move ahead towards the next section.
What is the Method to Delete a Company File in QuickBooks?
In several instances, the necessity for deleting the QuickBooks company file can occur. the choice of COA or Chart of Accounts should be preferred for this purpose. this feature are often seen once you log in to your QuickBooks account. From COA, you’ll attend File. Then you’ll find Close Company. you’ll choose it and choose a file for removing it.
All the steps of this method can be read here:
- First thing logged in to your “QB” account.
- Enter “Chart of Accounts”.
- Click on “File”.
- Select “Close Company”.
- Click on Dropdown and select “Edit”.
- Pick the file that is not needed.
- Place a checkmark for the chosen file.
- Afterthat, Press “Ok”.
Steps to Delete a Company or Company file in QuickBooks Desktop and QuickBooks Online
Steps for Deleting a Company File or Company from QuickBooks Desktop
Step 1. You need to first search for your company file into the search bar after clicking the Start menu on your computer. There will be the following company files: .qbw extension – working files, .qbb extension – Back up files, .qba extension – Accountants Copy files, . qbx – Accountant Transfer files, .qby – Accountants Change files.
Step 2. For your information, the default location of company files on your computer would be C:\Users\Public\Public Documents\Intuit\QuickBooks\Company Files. It is recommended that you create backup of the company file before deleting it so that if you want to check it later on sometime, you can do it.
Step 3. After the above steps, you should go to the above-given path and click View from the menu. Now you need to click on the options and then click on the Change folder and search option.
Step 4. Now in this step, click on view and uncheck the box for ‘Hide extension for known files’ and then you need to click on apply and then click on OK.
Step 5. Once the files with extensions appear, you can search for the file you wish to delete. And after that, for removing or hiding the company from QuickBooks desktop, you can follow the below steps.
Step 6. You need to go to the File menu and then click on the Close company option, after that you need to click on the Edit list button, put a checkmark against the company file you wish to delete, and then click on OK.
Steps for Deleting a Company file or Company from QuickBooks Online
Step 1. As an initial step, check and ensure that you have the company that you wish to delete, and you have selected the right one.
Step 2. After that, you need to click open the QuickBooks Online on your computer and then click on the Gear icon. You can find the gear icon at the top right corner of the screen.
Step 3. After the above step, you need to click on the Account and Settings option and then click on Billing and subscription.
Step 4. In this step, look for subscription status and click on the Cancel link that is appearing beside the subscription status.
Step 5. After you have clicked on the cancel link, a prompt will appear asking you, whether you want to cancel or change the plan. And in case you want to delete, you need to click on continue.
In case your account is less than 60 days, you can also go for purging the data for company file following the below steps:
Step 1. First, click open the QuickBooks Online and log in by entering credentials.
Step 2. After that, you will be forwarded to the next screen and you will be able to see the list of items that you wish to delete. Now type yes once the data is deleted.
Step 3. Now once you have made your selection for deletion purpose, click on Wipe Data.
Step 4. Once you click on Wipe data, the QuickBooks online will reroute you to the home page after the deletion process is completed.
Need some one on one QuickBooks Assistance?
Can you Let me Know the Process steps to Permanently Delete the QuickBooks from your System?
Well, it is unfortunate that you no longer want to use the QuickBooks application, but we respect your decision. You can start by clicking on the profile icon after opening QuickBooks and then click on Bank accounts. Now you need to search for the account that you want to delete and click on the trash icon in that section. After that, type delete and select delete to confirm.
What is the Process of Deleting all Transactions on QuickBooks Desktop?
You should start the process by clicking on customers, from the top menu bar and then choose to select the customer centre. After this, you need to click on transactions and select invoices. Now, go ahead and open all the invoice transaction one by one and click on delete. After deleting the transactions, you need to click on OK.
Can you let me know the Steps to Remove QuickBooks License from my Computer?
Yes, sure, you need to first go to the QuickBooks menu, then choose Manage license. After this step, you need to click on deauthorize this computer. After that click on Deauthorize and Quit once prompted. Now reopen the QuickBooks and follow the registration process and it will allow you to enter a different license.
Can you Let me know How can I Delete the Entitlement file to fix QuickBooks License Error?
Initiate the process by opening the windows start menu, and then type Run into the search box and after that click on open. Now you need to type C:\ProgramData\Intuit\Entitlement Client\v8 and after that click on enter. Now you need to find entitlement data store and open QuickBooks and your company file. After that, you can follow the onscreen instructions to register for QuickBooks once again.