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Wendy LM
June 18, 2020
Question

Edit to bills accounts after payment

  • June 18, 2020
  • 1 reply
  • 0 views

I have only a few employees and use accounts payable for their payments but I haven't been tracking their job costing. I want to know if I go back to say January 1 and make changes to these bills which have been paid will this cause any problems for reconciliations or unattach payments. I'm not changing the amount of the bill, for example instead of $500 to wages it would be split into two amounts $200 and $300 but now I'm entering the job to each.

1 reply

AddieC
AddieC
June 18, 2020

Hi Wendy LM, 


Sometimes, you may decide that the previous method you used to record your transactions must be replaced with a new method. I can appreciate that if you've already reconciled the bills you need to edit, you want to double-check regarding how edits will affect your books. I'd be happy to explain further. 


You're always able to edit past transactions in QuickBooks Online. If you've already closed the books for the period by which the bill was entered, you'll want to review this article regarding how to edit your closed books. 

 

If you haven't closed the books yet, but your transactions have been reconciled, editing them may cause discrepancies in future reconciliations. I'd suggest reaching out to an accountant to see what the impact of editing reconciled transactions will be moving forward. If you're not yet connected to an accountant, you can find one in your area here: Find a ProAdvisor.

 

If your accountant advises you to move forward with the edits, you may decide to undo your reconciliations until that point, then redo them until you're up-to-date. If you're working with an accountant, they can do this on their end in one simple step. If you're working solo, take a look at this article to see steps on how to manually undo your reconciliation: Undo and remove transactions from reconciliations in QuickBooks Online.

 

I hope this helps get you back on track. For any further assistance, please reach out to our tech support team.


Have a great day. 

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