QuickBooks helps small and medium-sized businesses to organize their data in an efficient manner with its user-friendly features! While the matter is simple enough to understand but yet it is still a puzzle to many. One of the best things about QuickBooks Online is its ability to download bank transactions. But while downloading transactions from the bank or credit card Company, QuickBooks assigns issues in “unmatch a transaction in QuickBooks online”. Read this blog to know, how to delete downloaded transactions in QuickBooks.
It then places all of them into QuickBooks Online banking center’s Quick Statement. The matched status means the transaction is already present or has been entered. Unmatch transaction QuickBooks Online get accumulated in QuickBooks Online, for various reasons like corrupted bank download files, incorrect matching practices, etc. Irrespective of the cause, the general concurrence is that these unmatched transactions are unwanted.
So, if you are new to QuickBooks Online and you have entered wrong data mistakenly and now you want to remove them or facing difficulty in deleting them. So here comes the obvious question “HOW WILL YOU DO IT?”, the step by step guide for how to unmatch a transaction in QuickBooks? Or how to delete downloaded banking transactions?
You may also read – How to use Audit Trail in QuickBooks Desktop?
As we noted above, QuickBooks matched the downloaded transactions with the transactions that have been already entered by you. If these transactions did not match, it makes a new record for you. Your job is to review and approve such transactions. Sometimes, you may match the wrong transactions to the wrong account. It may lead to unmatch wrong transactions to the correct ones. Some of the additional causes have been listed further.
There are two ways to unmatch transactions in QuickBooks Online. One way is through a bank register and the other way is by using the banking page. We have described both of them in detail as below:
To Unmatch one transaction at a time
To Unmatch Multiple transactions at once
Once you are done with unmatch transaction QuickBooks online, you can find these transactions in the review tab. Now you can categorize and add or match them again if you want.
There are two ways to delete downloaded transactions in QuickBooks. Both of them have been mentioned below. The user can follow any of them in order to delete a unmatch transaction QuickBooks online:
The above blog describes “how to unmatch a transaction in QuickBooks online” along with the steps to delete downloaded transactions in QuickBooks. We hope that you will be able to delete and unmatch transactions after reading this blog. Sometimes, the user may be stuck while deleting the downloaded transactions in QB.
Frequently Asked Questions
1: Why do you need to match a transaction in QuickBooks?
A: Matching transactions indicates QuickBooks matched the downloaded transaction with the transaction you have recorded. You just need to do is to verify that the match is correct and choose the transaction to expand the view.
Q2: How can you delete the unmatched transactions in QuickBooks?
A: The following is a list of all the steps to remove the unmatched transactions in QuickBooks.
Q3: How to match multiple transactions in QuickBooks?
A: To match journal entries to multiple bank transactions, you can apply the following steps.
Q4: How to delete multiple transactions in QuickBooks Desktop?
A: Here are the steps that can be performed to delete multiple transactions in QuickBooks Desktop.
Q5: How to find unmatched expenses on QuickBooks Online?
A: To locate the unmatched transactions on QBO, you can apply the underneath steps.