Delete Credit Card

SOLVED

We have several credit cards that are no longer active and I'd like to remove them from the 7-2 list.  However, when I try to delete the account, "You cannot delete an account with transactions (or balances) in the current year." message appears.  Is this because the prior year is still open, when charges/balances occurred?  I'd like to start off 2017 with a fresh list!  Thank you.