I'll take it as you're referring to your bank account's categorization, kevynq.
If yes, this will impact to your books. Your will have a bank balance deficiency. However, if the items were not from your bank, this doesn't affect the balance in your bank register.
Editing a reconciled transaction can still be done as long as the Total Amount, Date, and Bank Account stays the same.
Then, we can correct them by modifying the transactions by batch so you'll not go through each and every single one of them in your register. Here's how:
For expense items:
- Go to the Expenses menu.
- Select Expenses.
- Click the Filter drop-down.
- Choose the Type, Dates, and Category.
- Select Apply.
- Choose the transaction by clicking the box beside the Date column.
- Click the Batch actions drop-down arrow, then select Categorize selected.
- Select the correct category by clicking the drop-down arrow in the Categorize Selected window.
- Click Apply.
Currently, categorizing your sales transactions by batch is currently unavailable. You can pull up the Transaction Detail by Account report for the complete list.
- Go to the Reports menu.
- Type Transaction in the search box, then select Transaction Detail by Account.
- Select the Customize button.
- Set the Report period in the General section.
- Select the Filter drop-down, then click the box beside Transaction type and select the transaction by clicking the drop-down arrow.
- Click Run report.
Afterward, you can reconcile the transactions again to detect discrepancies early and make sure your books are accurate.
I'm just a post-away if you have other concerns. I'll be happy to help you out!
