I own a small business and do my own accounting work with QuickBooks Online but I am a 100% novice and am honestly surprised that I haven't made more mistakes than I have. LOL! When "adding" transactions via "Banking" and my company bank account I accidentally listed something as a transfer, when it should have been an expense. I have a business credit card whose payment is sucked right out of the bank, vs. paying the credit card bill with the bank's debit card. Because this is technically "transferred" out of the bank account and to the credit card, QB labelled it as a transfer and I "added" it without changing it to an expense. I was just ignorant and didn't realize what I had done. I did a few of the credit card payments that way before realizing what I was doing and starting to add the rest of the credit card payments as expenses. So my issue here is that the transfers do not show up in my Profit and Loss with the rest of the "Credit Card Payments" that I accuratelty added. I've been researching this issue and how to resolve it for 2 days and have had no luck finding a solution so now I need to ask! PLEASE when responding, speak to me like I am a child... because that's how I feel when it comes to navigating QB! Learning curve, for sure! Thank you so much and I look forward to seeing the responses and getting this figured out. EDIT - Of course, as SOON as I posted this I managed to figure out how to change the transaction from a transfer to an expense. But unfortunately it has categorized itself as a "credit card credit.." This is throwing my profits and loss ascew.
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