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To delete a transaction in QuickBooks, first close your current company file and open a sample file to avoid messing up your real data. If you see a message about updating the company file, allow QuickBooks to proceed as it indicates the file is from an older version. To adjust the view, hide the icon bar and open the "open windows" list. Then, enter a random bill (e.g., Bayshore Water for advertising) and click "Save and Close." To delete a transaction, follow a three-step process: first, locate the transaction you wish to delete.