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January 7, 2024
Question

If I am looking at expenses and see duplicate, does that mean I categorized things incorrectly? Our expenses look like double what they should be

  • January 7, 2024
  • 1 reply
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For example: I see the same charge for Quickbooks on the same date, the same charge for Home Depot twice on the same date and so on

1 reply

January 7, 2024

There are various reasons why duplicate expenses show in QuickBooks, yardcandy. I'm here to clarify things for you.

 

Seeing these doesn't necessarily mean you've incorrectly categorized your bank transactions. In fact, adding transactions instead of matching them can lead to the same entry appearing twice. However, it's crucial to understand that if a transaction already exists in QBO, you should choose the Match option, as selecting the Add option will create a new expense and result in a duplicate entry. 

 

Also, this issue may arise if you manually upload transactions to your bank account and later download a copy of the exact transactions from the bank. If this happens, you can exclude those transactions from your bank feed. Let me guide you on how:

 

  1. Go to the For review tab.
  2. Choose the checkbox for the transactions you want to exclude. 
  3. Select the Exclude. 

 

To learn more about categorizing in Banking, check out this link: Categorize and match online bank transactions in QuickBooks Online.

 

Feel free to send a reply anytime you have concerns about managing transactions like duplicates. I'm always ready to lend a hand.