Remove an explanation from a bank transaction

Here's how to correct the explanation of a bank transaction if you discover you've made a mistake.

You've already explained a transaction but then discover that the explanation is wrong? Don't worry. So long as the transaction isn't in a locked VAT period, you can easily remove the explanation without needing to delete and re-enter the transaction.

1 Find and select the transaction

Find the transaction, by selecting the bank account in Banking, and navigating to the month it falls in, using the drop-down menu.

You'll see it's in blue, with a green tick at the far right, because it's been explained.

Select it.

explained_transaction

2 Remove the explanation

Select the transaction, then choose 'More Options (alternatively, you can hold down the 'alt' key on your keyboard while you select the transaction) to access the 'Edit a transaction' screen. From there, select the button labelled "Remove this Explanation".

remove_explanation

FreeAgent checks that you're sure, and then removes the explanation.

You can see the transaction is now in red again, because it's become unexplained.

unexplained_transaction

Now explain it the right way - Job done!

Learn more about explaining bank transactions.

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