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prashant-jituri
Level 1

Delete entire financial year records

 
1 Comment 1
AileneA
Moderator

Delete entire financial year records

Hello, prashant-jituri. 

 

I can provide the steps to delete your entire financial year transactions. To do this, you'll need to delete them manually in your QuickBooks Online account. I also suggest exporting all the list of transactions that need to be deleted so we’ll have a reference in case we incorrectly delete them.  

 

One way is via the bank's register. We'll have to manually delete each transaction, Here's how:  

 

  1. Go to the Accounting menu and select Chart of Accounts.
  2. Tap View register of the first bank that we used for last year’s entry.
  3. Above the DATE column, click the Funnel icon and set the Reconcile Status, Transactions Type, and Payee to All. For the Date, select Last year (or Custom if you have a specific period).
  4. Press Apply.
  5. Select the first entry and click the Delete button.
  6. Confirm that you’ll delete it by clicking Yes.

 

 

 

Another way is to open each transaction and delete it from there. This is to make sure that it needs to be deleted. From the transaction window, click More and select Delete. Read the prompt first and then click Yes to confirm.

 

We might also need to reach out to an accountant if these transactions are already reconciled. It can affect your reconciliation reports and balances. 

 

Please know that you're always welcome to post if you have any other concerns. Wishing you and your business continued success.