Happy Holidays to you, michelle. Let me help you delete your banking information and start a new one in 2024.
Deleting your bank information in QuickBooks Online will require disconnecting your bank. When you disconnect it, QBO will delete your transactions under the For review tab, and the transactions we categorize will remain in the program.
For now, I suggest closing your books so you can generate fresh new financial statements for 2024. To do so, here's how:
Review your accounts
- Sign to your QBO account as the primary or company admin.
- Review your account and ensure everything is correct.
- Write any outstanding invoices, expenses, and payments.
- You can now reconcile your accounts up to your closing date.
- Examine your inventory quantities.
Close your books
- Go to the Gear icon, then select Accounts and settings.
- Find the Advanced tab.
- Click Edit in the Accounting section.
- Turn on the Close the books switch.
- Choose a closing date that allows you to complete all bookkeeping work. Avoid editing transactions after this date. Your new bookkeeping work will start after this point.
- Hit the Allow changes after viewing a warning and entering a password option in the drop-down menu if you need a password before editing your closed books.
- Select Save and Done.
If you need help closing your previous fiscal year, refer to this article: Year-end guide for QuickBooks Online.
If you need further help deleting your bank transactions in QBO, you can always post here anytime. We're always glad to assist you.
