1. Log into The Raiser's Edge and click on the Sphere icon.
  2. Click on Donations.
  3. In the processing screen, Click Ctrl + Alt + F8.  you should receive a pop up that says "Enhanced Transaction Tools Enabled"
  4. Click Ok
  5. Now go to Tools > Transaction Grid where you can see All Transactions and even All Deleted Transactions. 
The Deleted Transactions will show you a list of deleted transaction/data.