HOW TO CHANGE GROUPING OF EXPENSES

Hello anilrepaka!

I'd like to help you in managing and regrouping your expenses.

It seems that you're referring to either classes or location tracking. Yes, you can update and change them. Follow these steps:

1. Go to the Expenses menu, then select the Expenses tab to find the transaction and open it.
2. From the Location or Class drop-down, select the correct option.
3. Tap Save and close.

You can check these articles on how to use these tracking features in QuickBooks Online. These include steps on how to track your transactions and run reports by class:

• Get started with class tracking in QuickBooks Online
• Set up and use location tracking

For Projects, you just need to change the project from the Customer/Project drop-down. Then, save it. 

Lastly, I added this link if you need detailed steps on how to reconcile your accounts: Reconcile an account in QuickBooks Online.

Should you have any other questions about handling your transactions, let me know and I'll gladly share some details with you. Need to record your entries or want to manage your data? Add the details to your reply and I'll see what I can do.