2016-11-21 00:00:00 Finance and Accounting English Find out how the reclassify transactions tool in QuickBooks can help you reclassify transactions posted to incorrect accounts quickly. https://d1bkf7psx818ah.cloudfront.net/wp-content/uploads/2017/03/08214831/retail-shop-tablet-with-quickbooks-displayed.jpg Reclassify Incorrect Transactions in QuickBooks to Save Time

Reclassify Incorrect Transactions in QuickBooks to Save Time

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You might discover that your client has been recording transactions in incorrect general ledger accounts in QuickBooks. If there are only a few problematic transactions, you can edit each one to correct the error. However, reclassifying transactions can take a lot of time if there are many transactions posted to incorrect accounts.

The Reclassify Transactions tool is part of the Client Data Review module in QuickBooks Accountant. With this dual-panel tool, you can reclassify multiple transactions into the correct account without having to go into each transaction. The left panel of the tool displays transactions based on your search criteria and filters, and the right panel allows you to reclassify these transactions all at once.

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Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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