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dcree
Level 1

When my transactions from our bank acct are synced, they are coming through as transfers to uncategorized assets. I can't post them to the correct category. Suggestions?

 
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Best answer February 04, 2020

Best Answers
AlcaeusF
Moderator

When my transactions from our bank acct are synced, they are coming through as transfers to uncategorized assets. I can't post them to the correct category. Suggestions?

Welcome aboard to the Community, @dcree.

 

When adding bank data in Bank Feeds, QuickBooks analyzes all the information received and provides the best possible category for your future transactions. To correct the categorization, you'll need to switch the radio button from Transfer to Add (see screenshot below)

 

 

Here’s an article with detailed instructions on categorizing bank transactions. It provides an overview of how the system analyzes all the information received from your bank:

 

Assign, categorize, edit, and add your downloaded banking transactions.

 

Reach out to me anytime if you have any other concerns. I’ll be right here ready to help you. Enjoy the rest of the day.

View solution in original post

2 Comments
AlcaeusF
Moderator

When my transactions from our bank acct are synced, they are coming through as transfers to uncategorized assets. I can't post them to the correct category. Suggestions?

Welcome aboard to the Community, @dcree.

 

When adding bank data in Bank Feeds, QuickBooks analyzes all the information received and provides the best possible category for your future transactions. To correct the categorization, you'll need to switch the radio button from Transfer to Add (see screenshot below)

 

 

Here’s an article with detailed instructions on categorizing bank transactions. It provides an overview of how the system analyzes all the information received from your bank:

 

Assign, categorize, edit, and add your downloaded banking transactions.

 

Reach out to me anytime if you have any other concerns. I’ll be right here ready to help you. Enjoy the rest of the day.

View solution in original post

bestgirlinc
Level 1

When my transactions from our bank acct are synced, they are coming through as transfers to uncategorized assets. I can't post them to the correct category. Suggestions?

What's the best way to correct these transactions after the fact? I'm taking over an account that has many already-reconciled deposits that automatically classified as "Uncategorized Assets". Do I need to manually change each one? 

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