I accidentally applied a rule and now all transactions under $100 are assigned to one payee and to one category. How do I "mass undo" this so I can manually fix?

I can see how this could disrupt your financial tracking regarding accidentally applying a rule to one payee, arnold. Let’s proceed with undoing these changes in bulk and ensure everything is categorized correctly moving forward.

To reverse the mistakenly applied rule in bulk, follow these steps:

1. Navigate to the Transactions tab.
2. Select the Rules option, then find the rule that was applied by mistake.
3. Click the drop-down arrow in the Edit section, and choose Disable or Delete it entirely to prevent further impact..
4. Go to the Bank transactions section.
5. Click on the Categorized tab.
6. Here, you'll see a list of impacted transactions. Use the checkbox to select all transactions or choose them individually.
7. Once you've undone the effects of the rule, each transaction will need to be manually checked and correctly categorized with the appropriate payee.

After performing these steps, the transactions will appear in the For Review tab. Then you'll want to set a new rule that will help auto-categorize your transactions.

Furthermore, after you've categorized your bank transactions in QuickBooks Online, it’s essential to review and reconcile them. This step helps verify the accuracy of your financial records and identify any discrepancies.

For further assistance, you might want to explore QuickBooks Live Expert Assisted, an additional service designed to help keep your business well-organized.

If you need more help with rules in QuickBooks Online, feel free to leave a comment by clicking the Reply button. We are always here to help!