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October 31, 2023
Question

There is an entry on my P&L labeled "Uncategorized Income" that should be a cash deposit from a sales receipt. How do I fix this?

  • October 31, 2023
  • 1 reply
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1 reply

October 31, 2023

Hello there, @beckyb46

 

Dealing with uncategorized income in QuickBooks Online (QBO) can be tricky, especially if it's already entered in a sales receipt or deposit and reconciled. It's important to review each transaction individually and make corrections based on existing records in QBO. For accuracy, I recommend consulting with your accountant.

 

When a transaction is categorized as "Uncategorized Income" due to missing or mismatched invoices, payments, or sales receipts, it needs to be corrected.

Here's how:

 

  1. Go to Banking
  2. From the Categorized tab, look for the uncategorized income.
  3. Click Undo.
  4. From the For Review tab, click the uncategorized transaction.
  5. From the Account dropdown, choose the correct account.

 

Once done, you can match or add it to your existing sales receipt in QBO. If you've reviewed and checked all of the transactions, you can now reconcile your account

 

I'll be adding an article for future task to help you choose the right category for your transactions: Categorize online bank transactions.

 

I'm still all ears if you need further help with your uncategorized income in QBO. Just click reply and type your response. Best wishes!