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QuickBooks Team
QuickBooks Team
‎November 06, 2024 10:01 PM

Banking

We've got some ways how to remove the transaction's cash and cash equivalents in the Banking page info-q-finbooks. 

 

If you already added or matched the downloaded transactions, we can undo them in QuickBooks Online (QBO). Here's how: 

 

  1. Go to Transactions, then select Bank transactions.
  2. Select the tile for the bank or credit card account you downloaded the transaction from.
  3. Click the Categorized tab.
  4. Find the transaction you want to unmatch.
  5. Select the blue transaction link in the Added or Matched column to see the matched transaction.
  6. Press Undo from the Action column.

 

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Once done, we can go to the For review tab and exclude them. The entries will not appear in any account histories or financial reports. Let me guide you on how: 

 

  1. Click Transactions in the left panel and select Bank transactions.
  2. Select the connected bank account.
  3. From the For Review tab, select all the transactions.
  4. Select the checkbox of the transactions to exclude.
  5. Press Exclude.

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I'd recommend checking this article to know more about excluding bank transactions in QuickBooks: Exclude a bank transaction you downloaded into QuickBooks Online.

 

Once you have all the accurate entries in the system, here are some articles that will help you reconcile your accounts smoothly and on what the things to do if you encounter issues during the reconciliation:

 

  

Let us know if you have follow-up questions about your bank transactions or any QuickBooks concerns, info-q-finbooks. Please leave a comment below and we'll assist you all the way. 

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