How do i reset my chart of accounts will nill balance to start fresh

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  • Updated 5 months ago
I want start fresh from 1st date of financial year. How can i reset all my chart of accounts.
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Five Senses

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Posted 5 months ago

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Kris Williams

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You’ll have to print out a Trial Balance and do a journal to zero out all the figures, or else delete all the transactions one at a time. It doesn’t matter if there are figures in the Profit & Loss for last year so you could just do a balance sheet and then a journal for those accounts.
if you really feel the need to start over from scratch you are better to start a new file.