QuickBooks is now a very familiar name in the industry. It had been the best solution for small and mid-sized businesses because of following factors:
- Time efficient operations
- Ease access of all your records
- Accurate calculations of book keeping
- Auto-update feature for bank records
- Cloud based technology to save long records
There will be times, when you may need to delete some entries that either should not be recorded in first place or was done out of mistake. It is necessary to keep correct entries on your account book as it will directly impact the financial health of company. And, it will be the best thing to get accuracy with your book keeping records.
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Benefits of QuickBooks for Deleting Journal Entry:
QuickBooks is something you can look forward to or depend on. It has several options to arrange your bookkeeping entries that any other platform may not be able to facilitate for you that aptly. If you make a mistake or a wrong entry is there on the account, you have several of the options to retrace your steps. You can delete the unwanted entries or records to keep accounts accurate and free of error. Keep reading this article to understand how you can perform the requisite job with do-it-yourself steps!
Steps for Delete a Journal Entry in QuickBooks
It is important to keep your records updated and error free. If the journal entry of your account was created due to mistake, you need to follow these steps to delete the entry permanently:
- Sign in QuickBooks accounts
- Go to the Settings.
- Click on the list of Chart of Accounts.
- Locate the correct account for the transaction.
- From the Action tab, select Account history.
- Select the journal entry and select Delete.
- Select Yes to confirm that you want to delete the transaction
Once you complete these steps, your book entries will be accurate and have zero error in it. QuickBooks will ensure to keep your data corrected and that too in absolutely no time. You don’t have to comb through the long records of accounting.
With QuickBooks, your arranged reports will tell you what is wrong and once you have the list of entries that are inaccurate. You can simply go to the wrong entries and delete them by following these above mentioned steps.
Any size business can choose to manage their accounts on QuickBooks and will have no trouble doing so. You may not need accounts pro as it will turn you into one. Quick operations and ease of navigation are its most appreciated features which have been attracting more new users steadily.