I would love to help you transfer the fund, walsc001.
I also appreciate your efforts to get this resolved.
The Reclassify tool used to edit multiple transactions is only available in the Accountant version.
If you have a different version, let's create a clearing account instead to move the fund from the liability account.
Here's how:
- Go to the Gear icon and then select Chart of Accounts.
- Click the New tab.
- Choose Bank for the Account Type. You may choose any detail type you want for your clearing account.
- Type in the name.
- Leave the Amount field blank before clicking Save and Close.
You can check this article for more details. Although this is for QuickBooks Desktop, this is also applicable for the online version: Set up a Clearing Account.
After that, we can now create a journal entry to move the transactions:
- Go to + New menu and then select Journal entry.
- Add the account from which you're moving the money.
- Enter the Clearing account.
- Save the journal entry.
- Create a second journal entry.
- Add the Clearing account.
- Enter the correct account.
- Click Save and close.
I also recommend consulting an accountant to ensure you've selected the correct accounts. You can visit our ProAdvisor page to find one.
Once done, I encourage browsing this article that'll help you match your QuickBooks account to your bank and credit card statement: Reconcile Workflow.
Please let us know if you need help managing your accounts for this fiscal year. We're always here to assist you.
