I’m here to help so you can change this expense transaction to deposit, @grw8038-gmail-co.
In QuickBooks Self-Employed, you can easily modify a transaction once entered incorrectly. Instead of canceling the transaction, you can edit it and update the category to deposit.
Here’s how:
- Open your QuickBooks account.
- Go to the Transactions menu.
- Locate and select the expense entry you entered.
- Update the category to deposit and make sure all information is correct.
- Press Save after.

I’m adding this reference to learn more about categorizing transactions you download from your bank or enter into QuickBooks: Categorize transactions in QuickBooks Self-Employed.
If you have any other questions or concerns with managing your transactions, just drop a comment below. I’ll be here. Always take care!