How to Delete Charts of Account in Sage 50

Sage 50 is a premier accounting software that helps the businesses perform their accounting and bookkeeping tasks in a more streamlined manner. No prizes for guessing why it is hugely popular all over the world. It is also appreciated for its user-friendly interface and useful features. However, there are some features that the users may find difficult to use at times. Deleting the charts of accounts is one such feature incorporated in Sage 50. In this blog, we would be talking about how to delete charts of accounts and other associated matters.

Read Also-: How to Fix Balance Sheet Issues with Sage 50

Steps to Delete an Account from Charts of Account in Sage 50

• Before proceeding ahead, you mustfirst make sure thatthere are no transactions posted onto the general ledger withthe reference ofthe account ID.
• If an account shows a nonzero balance, you should delete/remove transactions attachedto it.
• Next, youneedto view the initial balance entries
• In case an account shows a nonzero balance, you should enter a corresponding G/L transaction into the General Journal , so astomaintain the account balance to zero.
• Then, after subsequent year-end closings, you may purge/delete the account.

Way to Delete an Account Permanently in Sage 50

• Open Sage 50
• Navigate to the Maintain menu
• Click on Chart of Accounts.
• The Maintain Chart of Accounts window will appear on your screen.
• Enter/select the account ID you need to delete.
• To view the list of existing accounts, go to the G/L Account ID field and type?. Alternatively, you may click on the Lookup button.
• Now click on the Delete toolbar and delete the account.
• If the account contains a nonzero balance, Sage 50 would display a message informing that you cannot delete the same.
• If you still need to delete it, examine its history by going to the Maintain Chart of Accounts window.
• Next, view the General Ledger report that includes a date range of the last 2 open fiscal years.
• Locate the account transactions
• Double-click to view the corresponding task window where the transactions originated.
• Delete these transactions,
• Return to the general ledger.
• If you want to delete an account with beginning-balance entry, go to the Maintain Chart of Accounts window and click on the Beginning Balances button.

Conclusion :

We hope the sequential steps mentioned above have helped you a great deal to delete charts of accountsin Sage 50. If you are still experiencing any difficulties in carrying out the above-mentioned steps, we would recommend you to speak to some of the authorized Sage experts.

---

👉 Frequently Asked Questions