How can I move my "Interest Paid" Account from Expenses to Other Expenses?

Good day, ntrotter@surface.

I'd be happy to show you how to transfer your Interest Paid funds from the Expense account to the Other Expense account in QuickBooks Online (QBO). 

To do this, just use the Transfer option from your Gear icon. I'll show you how to do it below:

1. Click the +New icon.
2. Under Others, choose Transfer.
3. From the Transfer Funds From, choose (your QuickBooks account). Then, choose the business account where you want to deposit the cash from the Transfer Funds To.
4. Fill in the necessary information.
5. Click Save and close.

Here's an article for additional information about the process of transferring funds in QBO: Transfer funds between accounts.

If the transaction comes from your Banking page, here's how to transfer them:

1. Go to Banking on the left menu and choose Banking.
2. From the For review tab, select the downloaded transaction from your bank.
3. Click the radio button for Record as transfer. Choose a Transfer account and Memo if needed.
4. Click Record transfer.
   

You may need this article on how to Categorize and match online bank transactions in QuickBooks Online in your future task.

Get back to me if there's anything I can help you with transferring funds. I'd be happy to assist you further. Enjoy the rest of the day.

ntrotter@surface 

In your chart of accounts, edit the account and change it to 'Other Expenses' under the 'Save account under*' dropdown menu.  This will put interest expense below net income from operations on your P&L, as you'd expect.