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November 1, 2021
Question

How do I get my business income to to stop being classified as an expense? It is leaving my business in the minus figures!?

  • November 1, 2021
  • 1 reply
  • 0 views
Help!

1 reply

KlentB
November 2, 2021

I'll help you fix that, lizzie6xo-gmail-.

 

To ensure that the sales transactions are reported properly, you'll want to double-check the income account of your product and service items. Here's how to do it:

 

  1. Select Sales from the sidebar menu.
  2. Go to the Product and services tab.
  3. Locate the product or service item tied to your sales transactions.
  4. Click Edit from the Action column.
  5. Make sure to select the appropriate income account.
  6. Hit Save and close.

I'm also adding this article to help track the status of your invoices and estimates in QuickBooks Online: View sales transactions.

 

Keep me posted if you need additional assistance in completing your other tasks. Have a great rest of the day.