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August 10, 2024
Question

how do I split credit card expenses to the proper accounts?

  • August 10, 2024
  • 1 reply
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1 reply

August 10, 2024

Let me share details about splitting expense accounts into their proper accounts in QuickBooks Online (QBO), Fred4.

 

If splitting transactions into their respective Category account, you can do so from the For Review tab. If you need to split a transaction that has already been reviewed, you will have to Undo the reviewed transaction and then split it from the For Review tab.

 

Here's how you can undo the transaction:

 

  1. Go to Transactions, then choose Bank Transactions.
  2. Locate the transaction in the Categorized tab.
  3. Click Undo under the Action column.

 

Then after, go to the For Review tab to split the transaction:

 

  1. Look for the transaction on your For Review tab. 
  2. Click to open the transaction, then tap on the Split button. 
  3. Provide all the necessary details when a pop-up window appears.
  4. Once done, click on Apply and accept.

 

You can learn more about splitting your transactions in this article: Enter a split transaction into the register.

 

Moreover, I suggest reaching out to your accountant when categorizing to ensure it is accurately recorded. If you do not have an accountant, you can visit this website to find one: Find a QuickBooks ProAdvisor.

 

Also, here's more information on how to assign, categorize, edit, and add your downloaded banking transactions

 

Return to this thread if you need more help categorizing your credit card expenses in QBO, Fred4. I'll be here to assist you at any time!