New to NetSuite | Merging Accounts

The Chart of Accounts is the underlying structure for organizing financial information and reporting. An entity records transactions with a set of codes representing balances by type, expenses by function, and other divisional or organizational codes that are important to its business. Using this, users can merge one account into another if they are the same account type and the account you want to merge has no attached subaccounts.

Notes:

1. You cannot merge Summary Accounts

2. Merging Bank and Credit Card Accounts automatically un-reconciles the reconciled transactions in the Merge From account. You must re-reconcile these transactions in the register of the Merge To account.