Skip to main content
February 25, 2021
Question

How can I move items from uncategorised assets to uncategorised expenses? These are actually expenses, but QB automatically categorised them as assets. Please help

  • February 25, 2021
  • 1 reply
  • 0 views
Original commenter did not share additional details

1 reply

February 26, 2021

Let me show you how to edit each item, useranil.

 

While the option to edit items by batch, you'll have to open them individually. Here are the easy steps:

 

  1. Go to the Sales menu and select Product and Services.
  2. Select Edit on the first item and scroll down to the expense account. 
  3. Change the account from Uncategorised Assets to Uncategorised Expenses.
  4. Select Save and close.

Do the same steps to other items. The changes will apply to future transactions. If there are existing ones that you want to update, just open the transaction and toggle the item again. 

 

To help you manage inventory and keep track of your products and services, you can click this link: Set up and track your inventory in QuickBooks Online.

 

Keep me posted if there's anything else that you need help with. Have a good one!