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September 8, 2022
Question

Why do my imported expenses show up as deposits

  • September 8, 2022
  • 1 reply
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1 reply

September 8, 2022

Let me help you sort this out, @fred@truewindsco.

 

The transactions downloaded in QuickBooks Online (QBO) will depend on the data shared from your bank. You can exclude the expenses showing as deposits on the For Review tab and manually enter them.

 

Here's how:

 

  1. Go to the Banking menu.
  2. Click the Banking tab.
  3. Choose an account.
  4. Select the For review tab. 
  5. Put a checkmark beside the transactions.
  6. Click Exclude.

 

Once done, manually add them to your bank register. However, if you manually uploaded the transactions, ensure to use a negative amount for the expense. You can check these great articles for more details:

 

 

Additionally, I've also included this reference for the steps in case you need to start balancing your bank account register: How to reconcile your accounts so they always match your bank and credit card statements?

 

Please leave a comment below if you have other questions about downloaded transactions in QuickBooks. I'm always here to help.