Remove Historical Data

While we encourage people to preserve their historical financial data, as some point you have to ask yourself, "do you really need data from accounts that have been closed for 10 years?"

With our Remove Historical Data feature, you can trim down your existing ledger and save off your older data in a separate ledger.

To access this feature within the application, you can go to Ledger > Remove Historical Data...

Here is an example of how it works. Let's say you have a ledger with 15 years worth of accounts, transactions, investments, budgets, and so on. When you start the Remove Historical Data feature you'll be asked to enter a date from which point going forward, all your data will be preserved. And all of the data before that date will be saved off into a separate ledger for historical purposes – we will refer to this ledger as the "historical ledger".

Banktivity is smart enough to do some important things to the current ledger and the historical ledger.

In the current ledger Banktivity does the following:

• Adjustments are added to preserve the account balances
• Adjustments are added to preserve investment holdings and cost basis (when possible

In the historical ledger Banktivity does the following:

• Disables all OFX and Direct Access connections
• Disables downloading of security quotes
• Disables downloading of currency exchange rates
• Turns off cloud sync

This allows you to safely open the historical ledger without worrying about it updating. You can still manually edit the data in the historical ledger.