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You can delete a transaction to take it out of your history and totals - and undo it right away if you change your mind.
Deleting a transaction from its detail screen on iOS is available in MyTruv iOS 1.6 and later.

Delete a transaction

On iOS - open the transaction detail, tap the (more) menu, and choose Delete. A confirmation toast appears with an Undo option for a few seconds.On the web (app.mytruv.com/data/transactions) - open the transaction’s menu and choose Delete permanently. An Undo option appears in the toast for a few seconds.
A deleted transaction is removed from your list and no longer counts toward spending, cash flow, or category totals.

Restore a deleted transaction

Deleted something by mistake? Tap Undo in the confirmation toast to bring the transaction straight back to your list and totals. The Undo option only stays for a few seconds after you delete, so use it right away.
Want to keep a transaction but leave it out of your totals? Use Hide from totals instead of deleting it - see Viewing Your Transactions.