Delete a bank account

This explains how to delete a bank account created in error.

Delete any opening balances first.
Delete any other transactions associated with the bank account, also created in error.
Delete the bank account
Make a bank account Inactive For bank accounts that you no longer want to use, but can't or don't want to delete the transactions. This prevents it being used for further transactions and hides the bank account from your banking list.

You cannot delete any reconciled bank transfers or any transactions included on a VAT return.

Delete the opening balance

Delete any opening balances before you can delete the bank account.

The opening balance can be entered as an opening balance or a bank transfer.

From Settings, find Opening Balances and select Bank.
Click Delete next to the opening balance you want to delete.
Click Save.

Delete a reconciled opening balance

Don't forget, your opening balance will have the same date as your Accounts Start Date. Remember to change the date to find the opening balance transaction. Find your Accounts Start Date in the Settings, Business Settings, then Accounting Dates and VAT.

From Banking, open the relevant bank account.
Select the Activity tab
Change From date to your Accounts Start Date and select Search.
From the Activity tab, select the tick box to the left the transactions you want to delete.

A toolbar now appears above the list.
From the toolbar, select the Delete icon.

Delete a bank transfer

The bank transfer is deleted from both bank accounts and the bank balances are adjusted accordingly.

From Banking, open the account used for the transfer.
Select the check box next to the bank transfer you want to delete, and choose the delete button .

Reconciled bank transfers

You cannot delete a bank transfer that you have reconciled in either bank account.

If you have reconciled the bank transfer, make the bank account Inactive instead.

Delete other transactions

If you've entered other transactions in error for this bank account, delete them next.

From Banking, select the relevant bank account.
From the Activity tab, select the tick box to the left the transactions you want to delete.

A toolbar now appears above the list.
From the toolbar, select the Delete icon.

Delete the bank account

From Banking, select the Delete link under the account name.
When prompted, click OK to confirm.

This removes the bank account but not the associated ledger account.

Make a bank account inactive

When deleting the bank transactions is not possible, consider making the bank account inactive. This will hide the bank account and prevent further transactions being posted to it.

From Banking, open the required bank account.
Under Account Status, select the Active link.
Set the status to Inactive.
Save your changes.

The bank account will show as inactive on the banking list.