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June 13, 2024
Question

Hi everyone, hope you anc help. A bunch of expenses came over from my bank as deposits. how do i change them to expenses?thanks,Michelle

  • June 13, 2024
  • 1 reply
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1 reply

June 13, 2024

Hello there, Michelle.

 

I'm here to help you regarding the expenses appearing as deposits.

 

The bank transactions that get imported into QuickBooks Online (QBO) are based on the data provided by your bank. To investigate why these expenses are being shown as deposits, I suggest reaching out to your bank for further clarification as editing these transactions as expenses is not an option in QBO.

 

To ensure accurate records in QBO, you can exclude the expenses appearing as deposits from the For Review tab and manually input them as expenses.

 

To exclude a transaction, here's how:

 

  1. Choose Bank transactions from the Transactions menu.
  2. Go to the For review tab.
  3. Select the checkbox of the transactions to exclude.
  4. Click Exclude.

 

Another option is to import your expenses into the program. You can find a step-by-step guide in this articleManually upload transactions into QuickBooks Online.

 

For future reference, here's a great resource about the best practices when reconcilingReconcile an account in QuickBooks Online.

 

If you have more queries about managing your bank transactions in QBO, feel free to click the Reply button. We're here to help you with any questions you might have.