How to Delete a Journal Entry in QuickBooks

For your business’s benefit, QuickBooks experts advise you to create journal entries to save the record of all transactions and sales. However, you find many ways to possess this program but journal entries are the best way to double-check them and make notes manually as per requirement. In QuickBooks Journal entries, you should always attempt equal amounts of the credit and debit columns. If you are unable to find that, then you have to get complete information from your business accountancy records. If you recorded any wrong entry and want to delete a Journal Entry in QuickBooks (Online & Desktop), then read this article and learn.

What’s mean by journal entry?

The most common journal entry is an accounting transaction that you can enter or post straightforwardly into the general ledger. A company’s general ledger is considered as the main account of your company which you can generally utilize to save the record of income state transactions and balance sheets. In the world of bookkeeping, a journal is a financial record of your business to keep your eyes on all business transactions and sales records. You can easily record the journal entry manually in a company’s ledger book. Generally, the company’s journal ledger includes the correct date, amount, and accounts that will be debited as well as credited, a little bit of description, or a memo related to the journal.

Steps to delete Journal entries in QuickBooks Online

To delete a journal entry in QuickBooks Online, go to Chart of Accounts, find the account, and select View Register. Locate the journal entry, select Delete, and confirm.

• Open the “Settings” and click on the “Chart of Accounts”
• Locate the account for which you created the journal entry
• Then, choose the “View Register” option
• Locate the Journal entry in the account register section
• After this, in the word “Journal,” you should find the “Type” column
• Now, you have to choose the “Journal Entry” to enlarge the view
• Hit the next click on the “Delete” button
• Choose YES to enter the confirmation window

Related Post: How to Create a Journal Entry in QuickBooks

Steps to Delete Journal entries in QuickBooks Desktop

To delete a journal entry in QuickBooks Desktop, follow the below 7 instructions.

• Open the company menu, choose the “Make General Journal Entries”
• Locate and choose the journal entry that you need to delete
• For QuickBooks window users, click on the “Find” button
• Enter all required details such as Name, Entry Number, Date, or Amount
• For QuickBooks users, choose and locate the journal entry that you need to reverse from the left side list
• For Mac users, open the Edit menu and choose the “Delete General Journal”
• Hit the Save & Close button to finish the program.

Related Topic: How to Export Payroll Journal Entries from QuickBooks

Conclusion

Hopefully, the above-mentioned information summarizes all the necessary data that users need to know about how to delete a journal entry in QuickBooks (Online & Desktop). For more queries or any kind of help, connect with an online service via QuickBooks live chat (Link given at the right corner of the website). They resolve your all queries in a minimum time frame and assist you to fix your all error issues.

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