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An online payment expenditure appears as a prepaid expense in the financial position report-- how can I fix that?

 
1 Comment
QuickBooks Team

Re: An online payment expenditure appears as a prepaid expense in the financial position report--...

Hi there, kshart973.
 

Welcome to Community!
 

Let’s try to Undo the transaction from the Banking page then change the category.


Here’s how to undo:

  1. Go to the Banking page, select the In QuickBooks tab.
  2. Locate the transaction.
  3. In the Action column, select Undo.

 

In the For Review page, click on the transaction and select the category then click on the Add button.

 

You can look into this article on how to assign and categorize accepted transactions:
Assign, categorize, edit, and add your downloaded banking transactions

 

Should there be any other questions please don’t hesitate to post in the Community space. Have a good day!

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