Delete reconciled transactions

It is important to delete reconciled transactions on a regular basis to ensure the volume of transactions on a bank account does not become too large and ultimately maintain the efficiency of the Cash Book.

The value of deleted transactions is added to the account's opening balance. This maintains a running bank balance on the account. The option uses a statement date, which is specified by you to identify reconciled transactions for deletion.

Note: We recommend you delete reconciled transactions before you close the current period.

  • The reconciled transactions which match the statement date are deleted.
  • The bank account opening balance transaction is updated.

To delete reconciled transactions

Open: Cash Book > Other Transactions > Delete Transactions.

  1. Select the bank account you want to delete transactions from.

  2. Enter the date you want to use to identify those transactions for deletion.

    If there are no transactions identified for deletion, a message appears.

See also

Reference

Close accounting periods