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In this video tutorial, Marcus explains how to delete a payment in QuickBooks. To start, users should navigate to the "Sales" section and click on "Customers." After selecting the customer (e.g., Amy), they can view all associated payments. By clicking on the desired payment and selecting "More" at the bottom, users can then choose "Delete." A confirmation prompt will appear, and users must confirm their intention to delete the transaction. It's important to note that if the transaction has been deposited, users must first edit and remove it from the deposit before deletion. Marcus invites viewers to ask questions in the comments for further assistance.