Skip to main content

Get 50% OFF QuickBooks for 3 months*

Buy now
Switch to QuickBooks and 70% off for 3 Months
November 22, 2021
Question

How do I cancel a transaction?

  • November 22, 2021
  • 1 reply
  • 2 views
In Quick Book bank dep[osit entered as expense. How do I change to deposit?

1 reply

Moderator
November 22, 2021

I’m here to help so you can change this expense transaction to deposit, @grw8038-gmail-co.


In QuickBooks Self-Employed, you can easily modify a transaction once entered incorrectly. Instead of canceling the transaction, you can edit it and update the category to deposit.


Here’s how:

 

  1. Open your QuickBooks account.
  2. Go to the Transactions menu.
  3. Locate and select the expense entry you entered.
  4. Update the category to deposit and make sure all information is correct.
  5. Press Save after.


I’m adding this reference to learn more about categorizing transactions you download from your bank or enter into QuickBooks: Categorize transactions in QuickBooks Self-Employed.


If you have any other questions or concerns with managing your transactions, just drop a comment below. I’ll be here. Always take care!