Can I remove last year's imported but not yet reviewed and reconciled transactions and start 2020 fresh?

DJMarvin · ‎July 04, 2020

Just getting QBO set up and didn't know I shouldn't have imported my 2019 data from Quicken, etc. Account is more than 60 days old so I can't just purge everything. I don't like the idea of canceling my subscription and re-subscribing but will if it's my only option.

DJMarvin · ‎July 04, 2020

I think I figured out how to get rid of 2019. Here's what I did:

I went through each account into which I had imported the 2019 data. I selected all the 2019 entries and then did a batch exclude. I then went to the excluded tab to make sure I hadn't accidentally excluded anything from 2020. On a whim I selected all the transactions there and when I looked at the batch options, I discovered I could delete them all. So, with some mild trepidation, I did. Now all I have is 2020 transactions.

I hadn't done any reconciliation, etc. so I am thinking what I did is fine. If there is a "gotcha" somewhere in this solution, please let me (and the community know).

View solution in original post

Fiat Lux - ASIA · ‎July 04, 2020

As another option, open a new QBO account

https:// quickbooks.grsm.io/US

https:// quickbooks.grsm.io/us-promo

Then utilize a 3rd party tool to migrate data between QBO accounts.

https:// transactionpro.grsm.io/qbo

DJMarvin · ‎July 04, 2020

Thank you for your response. I will look at this possibility.

DJMarvin · ‎July 04, 2020

I think I figured out how to get rid of 2019. Here's what I did:

I went through each account into which I had imported the 2019 data. I selected all the 2019 entries and then did a batch exclude. I then went to the excluded tab to make sure I hadn't accidentally excluded anything from 2020. On a whim I selected all the transactions there and when I looked at the batch options, I discovered I could delete them all. So, with some mild trepidation, I did. Now all I have is 2020 transactions.

I hadn't done any reconciliation, etc. so I am thinking what I did is fine. If there is a "gotcha" somewhere in this solution, please let me (and the community know).

TIMORLANG · ‎January 01, 2022

Only gotchas I can imagine is tax season. Won't you need that account info for expenses and invoice payments. Or are things that are closed / finalized stay the way they are?

Let me know because I am thinking of doing the same thing?

Cheers,

T

Topics

Training

Community

Resources

Can I remove last year's imported but not yet reviewed and reconciled transactions and start 2020 fresh?