Can I change an expense to income?

I have some information to share with you, alcabusinessdocs.

Yes, you can change an event that is categorized as an expense to an income account. Here are the steps to do it:

1. Select the Gear icon, then choose Chart of Accounts.
2. Locate the account that contains your PayPal transfers.
3. Click View register.
4. Select each transfer, then press Edit.
5. Change the Expense account to Income account.
6. Select Save.

On the other hand, you’ll need to manually record the transfers in QuickBooks Online and set them to income if they’re downloaded as an expense from your bank. Then you can delete the incorrect entries.

These resources will help you learn and manage your accounts in the program. It has several guides attached to ensure everything is in the right place:
 

• Learn about the chart of accounts in QuickBooks
• How to organize your chart of accounts

I'm only a few clicks away if you need assistance with the expense and income account in QuickBooks Online. It's always my pleasure to help you out again.

Thank you for the reply.