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March 16, 2025
Question

How do I How can I correct the category rent was charged to for one month only?

  • March 16, 2025
  • 1 reply
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    1 reply

    March 16, 2025

    Hello there, @lcaiazzo8866.Let's get this done so you can start recategorizing your transactions to the correct account in QuickBooks Online (QBO). 

     

    Before we begin, are you referring to recategorizing transactions from your bank account? If so, we can uncategorize this entry from the Transactions tab and place it in the appropriate category. Here's how:

     

    1. Go to the Transactions menu and navigate to the Bank Transactions tab.
    2. Tap the bank tile where you have categorized these entries.
    3. Click the Categorized tab and select Undo under the Action column. The Categorized tab is where transactions are placed immediately after you've categorized them into a different category.

     

    If you're referring to transactions that were manually added to your chart of accounts, we can follow these steps:

     

    1. Go to the Gear icon and select Chart of Accounts (COA).
    2. Locate the account where the rent has been added.
    3. Under the Action column, click the View register dropdown.
    4. Find the specific month’s rent transaction and open it.
    5. Tap the transaction and change the category in the Account section.
    6. Click Save.

     

    Additionally, you can refer to this article for further guidelines on categorizing your account to enhance your financial management: Categorize online bank transactions in QuickBooks Online. Then, start reconciling your account to avoid any discrepancies in your books. 

     

    I'm always available and ready to assist with banking concerns, @lcaiazzo8866. Just click the Reply button to ask them here. Have a great day!

    March 16, 2025

    Neither one of these works. I am the new Bookkeeper. The old one entered everything. I had to run a profit and loss report for the company and noticed the rent discrepancies On November and December of 2024 and January of 2025. I was able to correct November and January. I have tried everything! Am I missing something here?

    March 16, 2025

    The two categories are 7101 which was pre established by QuickBooks and 7100, which I think they created. The old bookkeeper used 7100 for three months, November and December of 2024 and January of 2025. I was able to correct November and January on the New Expense Page. I entered the Vendor name and it pulled up both November and January. I was able to edit both from there. December did not come up so I was unable to make the change.

     

    Is there a way to view all transactions or run a report? A way to view all transactions in a category?

     

    I also need to view Sales tax transactions 2450, to get totals for the quarter to pay to the state what is due.

     

    Please advise