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In this video tutorial, Peter from Black Rock Business discusses how to completely delete unused companies in QuickBooks Point of Sale. He highlights that many users end up with a long list of old companies due to various operations or restores from backup, which can lead to confusion and errors if the wrong company is selected. To prevent sales from being recorded in the incorrect company, Peter emphasizes the importance of cleaning up this list. He also invites viewers to join their QuickBooks Point of Sale Facebook group for support on questions regarding errors or workflows, where experienced users can assist.