Managing your finances in Xero is an efficient process. Whether you’re clearing out your inactive bank feeds or want to clean up your Xero dashboard, deleting an account is a simple process.

If you’ve ever created an account by mistake or if the account never had any transactions or statements in it, you can simply delete it by following the step-by-step process.

Moreover, if there are transactions, you need to archive the account not delete. The account that is archived can be restored but the account that is deleted can’t be restored.

This guide walks you through the process of deleting a bank account from Xero.

Can You Delete a Bank Account from Xero?

Yes, Xero allows you to delete a bank account but there are certain limitations for that. The account can only be deleted if it never had transactions or statements. When there is even a single transaction that is entered or imported, you can’t delete the account then. The only option left is to archive the account. But, the deletion of accounts is the cleanest option for the accounts that are never in use.

Step-by-step Process for Deleting Bank Account form Xero

Follow this simple process to delete a bank account from Xero.

• Select Advanced from the Accounting Menu

To get started for the account deletion process, the first step is to log in to your Xero dashboard. Click on ‘Accounting’ and then choose ‘Advanced’ from the drop-down menu. Doing this will take you to the advanced tools section. You can access your Chart of Accounts there.

• Click Chart of Accounts

Then, in the advanced tools section, click on the ‘Chart of Accounts’. This page will show you the list of all the accounts you’ve created till date, income, equity, expense, etc. Now, it is the time to locate the specific bank account that you want to delete.

• Select the Checkbox

The next step is selecting the Checkbox which is next to the bank account which you want to delete. Make sure that the bank account has no bank feeds or transactions associated with it. If so, you cannot delete the account.

• Click Delete

After selecting the account which you want to delete via the Checkbox, click the ‘Delete’ button. Xero will ask you for confirmation to ensure that you are deleting your account intentionally.

• Click OK

When the confirmation prompt appears on the window, click ‘OK’ to complete the deletion process.

By following all the steps, your bank account will be deleted permanently and you can not restore it later.

For more details, you can also visit the official Xero website if you have any queries regarding the deletion process.

Final Thoughts

For effective bookkeeping and reporting, maintaining your Xero account is really important. You have to make sure that your Xero account is always well-organised. It’s easy to delete a bank account from Xero but it is only possible when you haven’t used it before or don’t have any transactions in it.

Although, in other cases, achieving your account is a better option. Follow the steps which are provided in the above guide to delete your account efficiently.

If you’re unsure about whether to delete or archive your account, consult your Certified Xero Accountants to avoid data loss!