Welcome to the Community, @ambika.varma1.
You're referring to deleting a recurring transaction/template for invoices in QuickBooks Online (QBO), correct? If so, this can be done in three easy steps. Here's how:
To learn more about managing recurring transactions or templates, consider checking out these articles:
Please let me know if you have any other questions or concerns in the comment section below. I'll be more than happy to assist. Have a wonderful day!