How to change Uncategorized Income into other income accounts?

I'd be happy to assist you with your inquiry about changing Uncategorized Income into Other Income accounts, TS45.

If you're looking to reassign the categorized transactions in QuickBooks Online (QBO) to the appropriate account, you can simply edit the transaction and choose the Other Income account. This ensures that the income is accurately categorized.

However, if you want to change the Account type of the Uncategorized Income, here's what you'll need to do:

1. Go to the Gear icon at the top.
2. Select Chart of accounts.
3. Locate the Uncategorized Income account.
4. Under the Action column, click the dropdown button and choose Edit.
5. Go to the Account type section and choose Other Income.
6. Click Save, then Yes.

Please bear in mind that altering the account type could have an impact on your accounting and reporting. Therefore, I recommend seeking advice from your accountant before proceeding with the aforementioned steps.

For future reference, you can check this article for best practices when reconciling your account: Reconcile an account in QuickBooks Online. It also provides guidance on addressing challenges during the reconciliation process.

If you have any other concerns about managing your account, feel free to leave a comment below or start a new thread. We're always here to help, TS45.