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A pay check deposit from a seperate outside job got mistakenly catagorized as OWNERS INVESTMENT, and needs to be excluded,otherwise it is going to be counted as income in Quickbooks and has already been taxed through the employer payroll, how do I make this either excluded or not show up. It was mistakenly catagorized from the bank feed as owners investment. The outside employment income is deposited in the business account by the owner of the Quickbooks business account. I'm just the bookkeeper 🤔
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I'm here to help you correct those transactions, @Khrystalblue.
You can Undo the bank transactions and Exclude them. This way, they'll be visible in the For Review tab and you can exclude them from there. I'll show you how.
Here's how:
After excluding these transactions, you can delete them in the Excluded section. Here's a link for reference: Exclude a bank transaction you downloaded into QuickBooks Online.
Also, you have the option to re-categorize them to the correct account. When everything looks good, you might want to read these resources for references. These contain details on how to seamlessly match your transactions and reconcile your accounts:
Please know that you're always welcome to drop by here in QuickBooks Community if you have any other concerns. I'm always here to help. Stay safe, @Khrystalblue.
I'm here to help you correct those transactions, @Khrystalblue.
You can Undo the bank transactions and Exclude them. This way, they'll be visible in the For Review tab and you can exclude them from there. I'll show you how.
Here's how:
After excluding these transactions, you can delete them in the Excluded section. Here's a link for reference: Exclude a bank transaction you downloaded into QuickBooks Online.
Also, you have the option to re-categorize them to the correct account. When everything looks good, you might want to read these resources for references. These contain details on how to seamlessly match your transactions and reconcile your accounts:
Please know that you're always welcome to drop by here in QuickBooks Community if you have any other concerns. I'm always here to help. Stay safe, @Khrystalblue.
Thank you SOOOOOO much!
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