You know How to Delete Journal Entry in Quickbook, you must know how it can be performed most efficiently. It may cause discrepancies on balanced accounts when you remove a news item in QuickBooks. If the item is reversed, the same objective is achieved as if the entry is removed without causing problems of balance. In addition, if there is a doubt or question later, reversing the entry will keep a paper trail. Open a journal entry and click on the "Reverse" button at the top of the entry window to reverse a journal entry. You can reverse a journal entry to swap the debits and credits by updating and/or correcting an entry in QuickBooks.