I appreciate you sending your concern here in the Community space, @AMAcpaPC. Let me share my expertise in setting up the date when reclassifying transactions.
Currently, the default date set in QuickBooks Desktop will follow the last fiscal year. However, you can manually customize the date range so you'll be able to reclassify the transactions in the current year.
To do so, you can follow the steps below as your reference:
- Go to the Accountant menu, then click Client Data Review.
- Select Client Data Review.
- In the Dates dropdown, select Custom.
- Enter the date range in the From and To option.
- In the Review Basis section, choose Accrual or Cash.
- Click Start Review or Modify Review.
- In the Account Balances section, go to the Reclassify Transactions, then select In Progress in the Status dropdown.
- Select Close.
Afterward, you can start reviewing and reclassifying your client's transactions.
Additionally, you can review your client's books to clean up the account, fix incomplete transactions, reconcile, and wrap this up before closing the books.
You can always comment back here in the Community if you have more concerns about reclassifying your client's transactions. Our team is available 24/7 to help you address your concerns. Have a great day!
