I can help you with updating or adjusting a deposit to a transfer, @popupbookkeeping.
Please take note that bank transfer won't affect your Owner's Equity account. It will only have an impact on your bank accounts. Also, changing anything other than the amount and the account on any given transaction won't change its reconciliation status.
You may consider deleting and recreating that transaction. Here's how to record a new transfer:
- Go to the + New button and select Transfer.
- From the Transfer Funds From dropdown list, select the bank account that the money is coming from.
- From the Transfer Funds To dropdown list, select the bank account that the money is going to.
- Provide all the necessary information.
- Select Save and close or Save and new to complete the transfer.
Here's more information about recording a transfer: Transfer funds between accounts.
After deleting and recreating the transaction, you'll have to manually tag them as reconciled so you won't have any issues with your account balance the next time you do a reconciliation. Let me show you how:
- Go to the Chart of Accounts tab and search for the correct account of the transaction in question.
- From the Action column, select View register.
- Locate the transaction to edit.
- In the reconcile status column (indicated by a check mark), repeatedly select the top line of the transaction to change the status of the transaction.
- C - Cleared from the bank
- R - Reconciled
- Blank - Not cleared or reconciled
For more information about reconciling accounts manually, check out this article: Fix issues the first time you reconcile an account in QuickBooks Online.
I'm always here if you need more help in recording your transactions accordingly. I'm always here ready to help. Have a great rest of the day!
