Uncategorized Expense in deposit screen

I'm here to help you figure out what to do with the uncategorized expense in your QuickBooks Online (QBO) deposit screen, @jjhtwin2. This way, you'll get to decide the best action you need to perform with it and keep your account accurate.

When the imported payment transaction from the square app is valid, you'll have to add or match it with any records you’ve already entered in QuickBooks. Let me guide you how.

1. Go to the Banking menu or Transactions menu.
2. Select the blue tile for the account that the uncategorized expense belongs to.
3. Go to the For Review tab.
4. Select the transaction to expand the view.
5. Choose either Add or Match radio button.
6. Click either the Add or Match button to confirm.

In case the uncategorized expense transaction is invalid, you'll have to delete/exclude it from the Banking menu's For Review tab. Then, it'll be move to the Excluded tab. Here's how:

1. Go to the Banking menu or Transactions menu.
2. Select the blue tile for the account that the uncategorized expense belongs to.
3. Go to the For Review tab.
4. Check the box next to the uncategorized expense transaction.
5. Select the Batch action drop-down menu, then choose Exclude selected.

You need to review your accounts in QuickBooks to make sure they match your real-life bank and credit card statements. With this, I'd recommend reconciling them every month to monitor the growth of your business. For the detailed steps, kindly refer to this article: Reconcile an account in QuickBooks Online. It also contains information about editing your completed reconciliations.

Please let me know if you have other concerns. I'm just around to help.