It's quick and easy to edit and delete the bank rules in QuickBooks Self-Employed. From the Gear icon, select Rules. Find the rule you want to modify and click Edit. Next to it is a drop-down where you can select Delete.
You'll want to check these articles for more info on how to handle downloaded transactions:
Welcome to the Community, @TI2BS. Let's get that question answered.
Creating rules in QuickBooks Self-Employed (QBSE) will help you categorize past and recent transactions automatically.
When you delete a rule in QBSE, it will not affect any previous transactions. If you want to delete rules, you can click the dropdown arrow beside Edit. See this article for details: Create rules to speed up reviews in QuickBooks Self-Employed.
I've also added this article for future reference:
Thanks for sharing your pointers. I would like to clarify some things about accessing the rules in QuickBooks.
Accessing your rules can still be found on the Gear menu under Tools, then Create rules.
Though, another way to access them is to go to the Transactions menu, clicking on the arrow icon beside Add transaction, then selecting Manage rules.
However, are you using QuickBooks Online instead? Then you're correct about locating the rules in this version. They can only be accessed on the Banking page on the Rules tab.
I'm sure you'll have other things to take care of in QuickBooks. If you need help reconciling your account in the Online version, you can check out this article: Reconcile an account in QuickBooks Online.