[GNC] Deleting an account

Gyle McCollam gmccollam at live.com
Fri Apr 14 16:51:49 EDT 2023


I have a fixed asset account for an automobile with subaccounts for the purchase cost and depreciation.  I am selling this car and purchasing a new car. How do I delete the old car from my COA without messing up the financials as there have been debits and credits to the 2 subaccounts.  The parent account at this point has a zero balance as the vehicle is fully depreciated.


Thank You,

Gyle McCollam

Gyle McCollam

gmccollam at live.com<mailto:gmccollam at gyleshomes.com>           email


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