Uncategorized Income

Glad to have you here in the Community, @blueberry123.

I can help you correct the Uncategorized Income to the correct account. We can do it by going to the Chart of Accounts.

Here's how:

1. Go to the Accounting menu.
2. Select Chart of Accounts.
3. On the Filter by name box, type Uncategorized Income.
4. Choose the transactions that you'll want to run.
5. From the Action column, click the drop-down arrow.
6. Select Edit.
7. From the Account window, you can now change it to the correct account.
8. Click Save and Close once done.

I've also added this article about categorizing transactions in QBO: Categorize and match online bank transactions.

Don't hesitate to drop a comment below if you have other questions. I'm more than happy to help. Take care!

How about if it's a double entry? Can I delete it? Thank you! 

Hi there, blueberry123.

The transactions in QuickBooks depends on your banks. If the duplicate entry was not recorded on your bank, we can delete them.

I'd still suggest reaching out to your Accountant. This way, they can guide you if the option to delete it is the best way.

Then, you can follow these steps to delete:

1. Go to the Sales menu and click Customers.
2. Select the customer where you created the transaction. 
3. Locate the transaction and from the ACTION column, select the drop-down arrow.
4. Click Delete and select Yes to confirm. 

After managing all your transactions, you might want to reconcile the account.

I'm just a post-away if there's anything that I can help. Keep safe!

This method does work for anyone encountering this. What they forgot to mention is that you will be asked to merge the account you are editing to an existing one once you input the same account information and account name where you want the transactions to move to.

My client, in 2 separate instances, transferred money, one to refund a client and the other to pay rent for a campaign headquarters [cost services].  The transactions was picked up by QB as an Uncategorized Asset.  The first offset to the cash credit, i.e., client refund, should be a debit to sales.  The second offset to the cash credit needs to be recorded in Cost of Services.  However, the dropdown options are not allowing me to select Sales or COS.  How can I make these corrections?

Doing this step does not allow you to apply it to an invoice. 

How do you change it to apply to an invoice? Do you have to delete it and start over?

It was an unknown CCard pymnt received that was not applied to an invoice just placed in Uncategorized Income til we could identify it, but proceed with matching bank download with the receive payments. 

Thank you!