Hi there, @B-MUSIC-school.

When you delete a transaction, it will completely erase it from your books. It won’t show anymore in your reports or your accounts. Once it’s already deleted, you can’t recover the transaction, and you can only recover the details in your Audit Log.

I also suggest consulting your accountant for further accuracy of your books, and any accounting helps.

You can check this link for more insights into deleting transactions in QuickBooks (https://quickbooks.intuit.com/learn-support/en-us/customer-topics/void-or-delete-transactions-in-qui...).

Thanks for posting. If you have any other concerns, feel free to reply to the tread. Have a good one.