Hi usernandanshastry,
Yes, you can. Just delete the transactions one by one to start from scratch. If you have a lot of them, I would suggest purging your account to start fresh. This option is available to QBO companies that are not more than 60 days old.
- Log in to your QuickBooks Online account.
- Add this to the URL: /purgecompany.
Example: URL shows https://qbo.intuit.com/c28/app/homepage, change it to https://qbo.intuit.com/c28/app/purgecompany. - The next screen will provide a summary of the items to be deleted.
- Type the word “YES” once the data gets deleted, then click OK.
- Click Wipe Data once your selections are complete.
- Once the deletion is complete, you will be rerouted to your dashboard.
If you have been using QuickBooks for a while, I suggest signing up for a new QBO account instead. Then, cancel your existing subscription. See about creating or adding another company.
Feel free to reach back out if you have other questions in mind.
