It's important that all your transactions are entered correctly so that your books are well-balanced. QuickBooks Online is a great tool able to help you keep track of sales and expenses so you can see the profit of your business. I can provide some information about reversing a journal entry.
Deleting a journal entry will affect last year's books, so if you'd like to affect the current period instead, you can create a new journal entry in the current period affecting the same accounts, except that the credits and debits from the original entry are reversed.
If you have any other questions, feel free to reach out here.
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