QB Issue Resolution:
Short answer – NO. Longer answer Yes but I wouldnt recommend it.
No you can’t have a COA where the use of certain accounts is somehow controlled by the date.
But if your ‘new’ COA consists of all new accounts then you could leave all the existing ones intact but stop using them after a date. You cannot create new accounts for net income or YTD earnings.
If you did that you would never get ‘comparable’ reports on a line by line basis, but you could try to group sub-totals so they make some sense.
But I suspect it would end up looking much worse than you hope, and be a lot of work, with a strong liklihood of getting the old and new accounts mixed up across the cutoff date.
Resolution for Issue 'I would like to change the entire COA, but keep the current one for everything in the prior year and back under the old COA. Can I do that' available: Yes (Solved).
Source: Intuit Community forum.
I would like to change the entire COA, but keep the current one for everything in the prior year and back under the old COA. Can I do that: 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.Support for accounts mixed
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