How to Delete a Journal Entry in QuickBooks Online!

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How to Delete a Journal Entry in QuickBooks Online!
How to Delete a Journal Entry in QuickBooks Online!

QuickBooks has been leading the way for middle to small-sized businesses by addressing their accounting problems and rectifying them with the best possible automated solutions. Owing to its vast features, it stands atop all the other available accounting software in the market. While we are talking about features, there is a gray area for users on how to delete a journal entry in QuickBooks Online. Find out how by reading this post till the end.

Journal entries are an essential part of the QuickBooks yearly reports and must not be handled carelessly. Get a QB expert on the line to assist you over the issue by dialing 1.855.738.2784 anytime.

Why would you edit a journal entry in QuickBooks Online?

The journal entries are basically the records that are maintained by QuickBooks (or can also be done manually) for sales and transaction reports. It is possible that an entry has been recorded twice or wrongly, and that could have long-term adverse effects. So, in order to avoid them, you must edit those journal entries.

Recommended to read : QuickBooks Error 6155

How to change a journal entry in QuickBooks?

These are the steps to delete a journal entry in QuickBooks Online. Make sure to backup your company file before deleting any journal entries.

  1. Go to settings in QuickBooks Online.
  2. Select Chart of Accounts and search for the transaction you ought to delete.
  3. Go to Action column and select View Register.
  4. Click on the journal entry and select the delete option.
  5. Select Yes to confirm the action.

How to reverse a journal entry in QuickBooks?

Sometimes, it is easy to just reverse the journal entry to avoid errors in balancing accounts. Here are the steps to do it.

  1. Go to settings in QuickBooks Online.
  2. Under the Charts of Accounts tab, choose the correct account for the transaction.
  3. Go to Action column and select View Register.
  4. Select the journal entry you want to be reversed and click on edit.
  5. Choose the Reverse option, and at last, click on Save and Close/New.

Here comes the end of our blog post on the user’s popular query “How to delete a journal entry in QuickBooks Online”. We hope that the content written here will help you to find answers to your questions and help you to resolve all the issues if any. However, if that’s not the case to be, call on toll-free error support helpline number 1.855.738.2784 for immediate assistance anytime

Read also : Complete Guide to Rectify Common QuickBooks Errors