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June 29, 2020
Question

Can I edit the category of a deposit? It was somehow filed as an asset but It is income.

  • June 29, 2020
  • 1 reply
  • 2 views
No text available

1 reply

June 29, 2020

Hi tryfekta1-gmail-. Sometimes this happens when something is added from the automatic bank feed. I'm going to presume this is our likely culprit, here's how you can fix the issue:

  1. Go to the Banking tab and select the correct bank account. 
  2. Now, select the Categorized button 
  3. Look for the transaction that was accidentally incorrectly labeled. 
  4. Click undo to the right once you find the transaction. 

Now the transaction will be sent back to the For Review tab. To finish recategorizing it, simply do as follows :

  1. Go back to the For Review tab 
  2. Click on the transaction you just sent back to the review section and change the category. 
  3. Last, hit Add

Once that's done, you've successfully recategorized the deposit. If you want more insight into categorizing transactions check out this article on categorizing or matching online banking transactions. It'll help you get a better understanding of how the system works and in the long run make you more efficient. If you need anything else, be sure to drop a reply below. I'm always happy to assist further if needed. Have a great rest of your day.