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Debrawo
August 19, 2020
Question

Delete transactions from register from prior year

  • August 19, 2020
  • 10 replies
  • 20 views

Hi there.  I have a client that hasn't ever reconciled his bank statement.   He had started using QBO around February 2020 so when he set up his bank feed it brought over all the transactions from the previous year.   However he has transactions from the previous year in his register which is causing his bank balance in QB to be crazy high.  How is the best way to get them out of the QB balance?  Can I delete the old transactions?   

Thank you for the help!

 

Debra

10 replies

C
Charies_M
Level 9
August 19, 2020

Thank you for visiting the QuickBooks Community, Debrawo.

 

You have the option to either exclude or permanently delete the downloaded transactions from last year on your banking page. Follow the steps below for your guide:

 

Here's how to exclude:

 

  1. Go the Banking menu and choose the For Review tab.
  2. Select the transactions you want to exclude.
  3. Click the Batch Actions drop-down arrow and select Exclude Selected.

This will move the transactions to the Excluded tab from the For Review tab.

 

You may find this article handy to learn more about the process of excluding downloaded transactions in QBO.

 

to permanently delete them, you can follow the steps below:

 

  1. Go to the Excluded tab.
  2. Select transactions to delete.
  3. Click the Batch Actions.
  4. Hit Delete. 

In addition, you visit these links for guidance about the reconciliation process in QBO:

Please don't hesitate in responding if you have any further questions. I'll be here to help. Have a wonderful day!

L
Lisa Hansen1
April 19, 2021

So my client just switched over to online and every transaction for 2020 has a error when you add etc that says it will affect the prior year closing info. Do these have to be added in yet or can we just ignore all of them?

K
KennethA_
April 19, 2021

Thank you for reaching out to us, @Lisa Hansen1.

 

I'll be happy to help you with your deleted transactions concern.

 

If the transactions are already downloaded in the bank, you can exclude and remove them, But in case you wanted to add it manually, no need to add it already since the previous year is closed.

 

To exclude a transaction in QuickBooks Online.

 

Here's how:

  1. Click the  Banking option
  2. Choose the Banking tab.
  3. Click the For Review tab.
  4. Choose the checkbox of the transactions to exclude.
  5. Select Exclude.

You can also check on this article: Reconcile an account in QuickBooks Online for more information about deleted transactions.

 

We're always here in the Community to help if you have other questions related to QuickBooks. Stay safe!

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