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March 16, 2019
Question

Do i need to clear up uncategorized expenses before reconciling my transactions?

  • March 16, 2019
  • 3 replies
  • 22 views
No text available

3 replies

lynda11_2
Level 5
March 16, 2019

Hello Debbie:

 

 The short answer is no. You can keep things uncategorized and reconcile. I do this all the time. And then I reach out to the client and ask them to give me more clarity on the transactions that I don’t know how to classify. Once they let me know the answer, I open the transaction and just change the account/category.

 

 

Debby2Author
March 16, 2019

Thank you Lynda. 

 

I own a restaurant and stupidly thought I could keep up with the bookkeeping. We only have 10 employees. Who was I kidding? 

Thank you for your assistance Lynda.

 

Take care