QB Issue Resolution:
When you merge accounts in QuickBooks, it is combined into a single account. The balance of the two accounts will be added. This may increase or decrease the balance of the principal account. I’ve attached a screenshot for your visual references.
Just a heads-up, merging accounts is not a reversible process. Also, it cannot be undone.
I’d recommend, consulting with an accountant so you’d be guided accurately with the merging process.
Resolution for Issue 'I created sub accounts of my main bank account and bank balance was reconciled. I then went and made a few changes to account hierarchy and my bank balance changed? I realized I need to make some of the sub accounts sub accounts of other subacccounts so added a few more layers.' available: Yes (Solved).
Source: Intuit Community forum.
I created sub accounts of my main bank account and bank balance was reconciled. I then went and made a few changes to account hierarchy and my bank balance changed? I realized I need to make some of the sub accounts sub accounts of other subacccounts so added a few more layers.: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.
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