Many QuickBooks experts recommend maintaining a running journal to track transactions and sales for your online business. QuickBooks offers various ways to generate this data, but journal entries allow you to verify records and add remarks if needed. However, human errors can occur, requiring adjustments like deletions. If you’re looking for how to delete a journal entry in QuickBooks Online, you’ve come to the right place. We’ve provided all the necessary instructions.
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How to Delete a Journal Entry in QuickBooks Online?
To permanently delete a journal entry that you unintentionally made, follow these instructions. You must be entirely certain that the journal entry has to be deleted.
This can quickly throw your accounts out of balance:
- Choose Settings, then click Chart of Accounts.
- Locate the account for which you made the journal post. Select Account History next.
- In the account register, locate the journal entry. The Ref No. The type column should contain the phrase “Journal.”
- To widen the view, select the relevant journal entry.
- Choose Delete.
- To confirm, click Yes.
How to Reverse a Journal Entry in QuickBooks Online
QuickBooks does not have a restore action. Therefore, you are unable to make accounts payable journal entries in QuickBooks and recover a deleted journal entry in QuickBooks online. Instead of doing this, you can manually recreate the entry after viewing the specifics of the deleted one in the Audit log. The actions are:
To view the deleted entry’s details, go here:
- Go to QuickBooks and select the gear-shaped symbol.
- Select Audit Log from the menu.
- Then click on All Users in the Users section after choosing the Filter option.
- Select the All Dates option by clicking the Date field.
- You must choose the Transactions checkbox in the Events area.
- To view deleted or voided transactions, go to the Show field and choose it.
- Next, complete it by clicking the Apply button.
- You now see the Deleted Journal entry; select View to view it.
- Make a note of the information you receive after choosing the “added history” option.
Recreating the Journal Entry:
- To add a new one, click the Plus icon.
- Now choose the Journal Entry option to create the entry you desire.
- Give every detail, including the journal date and other information.
- Finally, press the Save and Close buttons.
Read more: How to Delete a Deposit in QuickBooks Desktop
Conclusion:
I hope the information mentioned above will be useful to you about How to delete a journal entry in QuickBooks Online. In case of any query connected with the expert.
Frequently Asked Questions
Q 1: How to create an adjustment to your journal?
Ans: From the QuickBooks Online company file for your client, you’ll create adjusting journal entries.
- Open QuickBooks Online Accountant and log in.
- Choose the firm owned by one of your clients from the Go to QuickBooks option.
- Choose + New.
- Choose a journal entry
- Choose the checkbox next to Is Adjusting Journal Entry.
- To enter the entry in your journal, follow the procedures.
- Select Publish and close.
Q 2: How do I add and edit journal entries on QuickBooks desktop?
Ans: You must carry out the following actions to update or modify the Journal entries:
- Find and choose the journal entry you want to edit.
- Select “Make General Journal Entries” from the “Company Menu” after opening it.
Q 3: Users of QuickBooks Windows should select “Find.”
Ans: Enter the remaining information, including the name, amount, date, and entry number. Next, select Find from the menu.
Ans: On a Mac, click the Journal entry or double-click to update all the most recent releases. When you are finished, click the Save & Close button.
Adams Williams
Adams Williams is a seasoned accounting professional with over 4 years of experience in bookkeeping, financial reporting, and business accounting solutions. Specializing in QuickBooks software, Adams combines technical expertise with clear, accessible content writing to help businesses streamline their financial processes. His insightful guides and how-to articles are crafted to assist both beginners and seasoned users in navigating accounting software with confidence.
