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04/19/2013 at 09:23AM PDT
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oliversonqueen
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02/12/09 8:52am PST

Deleting Downloaded Bank Statement

Would appreciate some input on this as I remember something going very wrong a couple years ago when I did something along these lines...

Since I have so many transactions to manually match, even ones previously entereds in Quickbooks showing up in my match transaction window.... can I delete my entire bank statement and re-import the saved QBO files in one month at a time again? I vaguely remember doing this at one time but was unable to reload the bank statemnet b/c i got a NO NEW TRANSATIONS TO DOWNLOAD message . I can't remember at that tim though whether it was an IMPORT NEW TRANSATION NOW or from a saved QBO file. Nevertheless things amy be different with the 2008 version so I don't know. Can I safely do this? Right now I have 1 years worth of transactions under the match transactions windows?
Thanks
Audrey

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02/12/09 9:51pm PST
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Quote:
"Would appreciate some input on this as I remember something going very wrong a couple years ago when I did something along these lines...

Since I have so many transactions to manually match, even ones previously entereds in Quickbooks showing up in my match transaction window.... can I delete my entire bank statement and re-import the saved QBO files in one month at a time again? I vaguely remember doing this at one time but was unable to reload the bank statemnet b/c i got a NO NEW TRANSATIONS TO DOWNLOAD message . I can't remember at that tim though whether it was an IMPORT NEW TRANSATION NOW or from a saved QBO file. Nevertheless things amy be different with the 2008 version so I don't know. Can I safely do this? Right now I have 1 years worth of transactions under the match transactions windows?
Thanks
Audrey"

No, Audrey, you can 'delete' the download file and revert to balancing your bank statement from the paper statement, not the other way around. Some banks will let you download 'entries since the last download', or, in some cases, 'all transactions', but, this, in my opinion, will not help as banks will only 'hold' transactions for download for a very short period, i.e., 1 - 3 months.

You mention that you have 1 year's worth of transactions in your 'match' file, when was the last time you undertook a Bank Reconciliation?

Barry

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