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yukilarkspur21-g
Level 1

How to delete bank account

I connected wrong bank account.  how can I delete the bank account
3 Comments 3
FaithA
QuickBooks Team

How to delete bank account

I can assist you in deleting the wrong bank account connected to your QuickBooks Online (QBO), Yuki. 

When it comes to handling bank accounts you no longer need, you have two primary options: disconnecting the account or making it inactive. Disconnecting ensures that your existing accounting data remains untouched and you can easily reconnect the account if needed in the future. Follow these simple steps to disconnect it:

 

1. Go to Transactions, then Bank transactions.
2. Select the tile for the bank account.
3. Select the pencil icon, then select Edit account info.
4. Select the Disconnect this account on save checkbox.
5. Select Save and Close.

 

After you disconnect, please note that any transactions needing categorization in the For review tab will no longer be visible. You can refer to this comprehensive article for a more detailed discussion on this process: Disconnect accounts connected to online banking in QuickBooks Online.

 

For future reference, check out this article to review categories for automatically downloaded transactions: Categorize online bank transactions in QuickBooks Online.

 

If you have more questions about bank accounts, feel free to tag me in the comments. I'll be happy to loop back and answer them. Have a wonderful weekend.

rsimon6865
Level 1

How to delete bank account

I need the account and all transactions erased. Not just hidden.

ZackE
Moderator

How to delete bank account

Welcome to the Community, rsimon6865.

 

In QuickBooks, you can make only make accounts inactive or merge them with others. Deactivating an account to an Inactive status won't remove its transactions.

 

Since you need an account and all of its transaction records erased, you can consider starting fresh with your QuickBooks company data. If you choose to start fresh, how you do so will depend on how long you've had the account and its subscription level.

 

If the company file is 90 days old or older, or if you use Simple Start, you'll need to cancel your current company and start a new one to begin fresh.

 

Here's how:
 

  1. Follow the instructions to cancel the account.
  2. If you use QuickBooks Payroll, you must also cancel your payroll subscription separately.

 

Canceling a subscription doesn't automatically delete your data. You'll retain read-only access to the company data for one year after cancelation. To permanently remove it sooner, sign in to your Intuit Account to manage personal data.

 

Next, you can start a new company:
 

  1. Sign up for QuickBooks.
  2. Enter your user ID and password. You can reuse the same credentials you used for your previous company.
  3. If you need payroll services for the new company, be sure to add Payroll during Step 2 of your sign-up process.

 

In the event your books are less than 90 days old, and you want to start fresh, you'll want to use the information and steps in our Delete your data & start over article.

 

If you choose against starting fresh, you can consider making the account inactive.

 

Please feel welcome to send a reply if there's any questions. Have a wonderful Friday!

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