Clearing Paid Transactions

Related topics

This feature allows you to remove records of vendor and customer transactions that have been paid and have a zero balance. Clearing data frees up more space on your hard drive.

Note: Clearing Paid Transactions also removes invoiced orders. (Sage 50 Quantum Accounting)

Both the Sage 50 Accounting adjusting and voiding transaction features can only be used if transactions have not been cleared. So, we recommend you delay clearing paid transactions in your records as long as possible.

Before clearing paid invoices (and invoiced orders (Sage 50 Quantum Accounting)):

If clearing vendor transactions, print the Vendor Aged report. If clearing customer transactions, print the Customer Aged report and customer statements.
Make a backup of your data files.

You can still able to view transaction details on reports and in the transaction windows after you have cleared the transaction details.