How do you reclassify multiple payments from Checking account to Undeposited Funds?

Welcome to the Community space, @peakqbglobal-gma.

Let me help reclassify your multiple payments from the Checking account to the Undeposited Funds.

To reclassify it all at once, I recommend reaching out to an accountant. Since their account had the tool to perform this. You can refer to this article: Reclassify or move multiple transactions at once in QuickBooks Online Accountant.

However, you can perform on your end one at a time. Here's how:

1. Go to Transaction. Then, Chart of Accounts.
2. In the Search field, enter the Checking account.
3. Once it shows up, click Account History.
4. Click the Funnel icon to filter it out. In the Transaction type, choose the kind of payment you want to reclassify. You can also specify the date and some of the info.
5. Tap the payment transaction. Options will show, pick Edit.
6. You'll be routed to the payment form. Click the Deposit to the dropdown field. Then, choose Undeposited Funds.
7. Once done, click Save and close. Repeat the process for the remaining payments.

I'll also share this article to help look for duplicate transactions: Find duplicate transaction numbers in QuickBooks Online.

For additional questions about managing your payments, leave a comment below. I'll be willing to lend a hand. Have a good one.

Thanks Bryan. I am an accountant and have tried using reclassify under the Accountant tools but payments is not one of the transactions showing up

Thank you for your response, peakqbglobal. I understand that you're trying to make some modifications to the payment transactions.

Can you also confirm if you're trying to change the payment source of the supplier transactions from checking to the undeposited funds account?

I wanted to let you know that the Reclassify Transactions feature does not currently support modifying payment accounts for expenses. For this reason, payments are not listed as one of the transaction types that can be edited.

You can find detailed information about which transactions can and cannot be changed in the Learn about types of transactions you can't move section of this article: Reclassify Or Move Multiple Transactions At Once In QuickBooks Online Accountant.

As a workaround, you can open each payment transaction individually. Then, go to the Bank/Credit account field and change the payment account to your Undeposited Funds account.

Additionally, I'm sharing some articles below that can provide more guidance when working with the accountant's version of QBO:

• Get Started With Global QuickBooks Online Accountant
• Add Clients To QuickBooks Online Accountant

Please feel free to come back here and ask any other questions that come up, peakqbglobal. I'm happy to provide more tips and assistance for using the Accountant version of QuickBooks Online.

Hello @jenop2 , I’m trying to reclassify some payments to the undeposited funds account. The client posted all payments to the checking account but some are incorrect and reconciling is challenging.