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Hi there, @austrans.
I can walk you through on how you can get rid of your previous years' info when reconciling transactions in QuickBooks Online.
You can exclude your previous years' bank transactions so you can start the reconciliation for 1/7/17.
To do that:
Here's a link that you can check out for more details about excluding bank entries in QuickBooks Online: Exclude expenses from downloaded bank transactions.
To guide you in reconciling your accounts smoothly and on what are the things to do if you encounter issues during the reconciliation, please see these articles attached:
I got you covered if you have any other questions about this or any concerns with QBO. I'm always here to lend a helping hand. Take care!
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