Is it possible to delete a Bank Deposit as though it was never entered?

Hello @accounting43,

Thanks for posting in the Community. I'm here to lend a hand with deleting a deposit.

Here's how to delete a deposit in QuickBooks Online:

1. Open up the deposit.
2. Click More.
3. Select Delete.
4. Click Yes to confirm that you want to delete it.

The following is a video to serve as a visual reference:

While this will remove the transaction from your books, there will still be a record of it in the Audit Log. For additional information on this feature and how to use it, please see the following article: The Audit Log: What It is, How to Use It.

That's it. These steps should help you to delete the deposit.

I'm just a post away if you should have any questions. Have a good day.