I have transactions that are coming through the banking feed and being posted to the Uncategorized Asset bucket. When trying to add them, I am getting a linked to liability account error. How do I add them and remove them from the Uncategorized Asset category?
You can use the Bank or Credit Card category to add the transaction into your bank account. Therefore, you can edit the account type of your bank account to add the transaction and remove it in the categorize asset account. Here's how:
On the left panel, click Banking.
Select the bank account where the error found.
Click the pencil icon and choose Edit accountinfo.
In the account type box, select either Bank or Credit Card account.
If I edit the account information and connect "Uncategorized Assets" to banking or credit card, will that duplicate the checking or credit card accounts I already have? Right now I have 23 transactions under this bucket in QBO, can I transfer the record out to checking?