I believe it is the 2 sided transaction for a deleted entry that has been reconciled or tied to another transaction in some way. (ie payment/receipt matched to invoice), item bank reconciled, VAT return completed on a deleted invoice. As it has been "tied up" and not an "open" transaction it has to leave a trail and therefore red to highlight the deletion. If I hear different from sage direct I will confirm.
__________________
Donna Curling - Complete Book-Keeping Ltd (CBKLtd) - 07939 101900