Clear All Financial Data Overview

This feature lets you permanently delete all your financial records from the system — including invoices, payments, credit notes, and any related data.

When You Might Use This

This feature is useful in several scenarios:

  • Setting up your accounts fresh at the start — When you're beginning a new accounting period and want to start with a clean slate.
  • Starting a new tax year with a clean slate — To reset your financial records for a new tax year.
  • Correcting major mistakes where it's easier to start over — When errors are too extensive to correct individually, starting fresh may be more efficient.
Important Warning

Once you delete your data, it's gone for good — there's no way to undo it. This action is permanent and irreversible. Make absolutely sure this is what you want to do before proceeding.

Before You Proceed

Before clearing all your financial data, take these essential steps:

  • Download or export a backup of your records — Ensure you have a complete copy of all your financial data saved elsewhere.
  • Make sure you've saved anything you need for your tax returns or HMRC — Verify that all information required for tax submissions has been preserved.
  • Double-check you definitely want to do this — This action cannot be reversed, so confirm your decision carefully.

Account Owner Restriction

This option is only available to account owners to prevent accidental deletion. If you're not the account owner, you'll need to contact them to perform this action. This security measure helps protect your organization's financial data from unauthorized or accidental deletion.