There's no direct way to change an Expense transaction into a credit card payment, Seth. Let me share a workaround you can follow. We'll have to delete the Expense and recreate it using a Pay down credit card to avoid duplicate transactions. Here's how: Go to Expenses and select the Expenses tab.Locate the transaction you want to change. Then, click the dropdown under the ACTION column and choose Delete.Once done, recreate the transaction using the Pay down credit card from the New Transaction button.Select a credit card from the dropdown under Which credit card did you pay?Fill in the necessary details.Click Save and close. In addition, you can check out this article to learn about recording expenses: Enter and manage expenses in QuickBooks Online. Let me know if you have any further questions about Expenses, feel free to reply below. We're here to assist you 24/7.

Question

How can I CHANGE TRANSACTION TYPE from EXPENSE TO CREDIT CARD PAYMENT?

Forum|Forum|2 years ago
July 4, 2024
1 reply
27 views

No text available

QuickBooks Online

I

IrishNinoJ

There's no direct way to change an Expense transaction into a credit card payment, Seth. Let me share a workaround you can follow.

We'll have to delete the Expense and recreate it using a Pay down credit card to avoid duplicate transactions. Here's how:

Go to Expenses and select the Expenses tab.
Locate the transaction you want to change. Then, click the dropdown under the ACTION column and choose Delete.
Once done, recreate the transaction using the Pay down credit card from the New Transaction button.
Select a credit card from the dropdown under Which credit card did you pay?
Fill in the necessary details.
Click Save and close.

In addition, you can check out this article to learn about recording expenses: Enter and manage expenses in QuickBooks Online.

Let me know if you have any further questions about Expenses, feel free to reply below. We're here to assist you 24/7.

S

SethWalworthAuthor

Thanks IrishNinoJ! It worked. One additional question.

Wells Fargo changed my business credit card from Visa to Mastercard in March. Quickbooks is asking me to confirm dozens of credit card transactions that I have previously confirmed and assigned. As though the previous assignments - made for the Visa card - never happened. Even these previous assignments are still reflect in my list of expenses.

How can I clean up my bank transactions/credit card page?

J

JamesAndrewM

Moderator

It seems like QuickBooks Online is treating the new Mastercard as a completely separate card from the old Visa card, even though they are linked to the same account. Let me go further into this matter for you.

When you change from Visa to Mastercard, it triggers QuickBooks to establish a new connection, so those first 90-day transactions were downloaded again.

Since you've already confirmed and assigned them before, you can exclude them to avoid duplicate entries. Here's how:

Go to Transactions, then select Bank Transactions.
Choose the For Review tab.
Select the checkbox of the transactions to exclude.
Pick Exclude.

For detailed information, refer to this article: Exclude a bank transaction you downloaded into QuickBooks Online.

You can visit this article if you need help doing or fixing a reconciliation: Learn the reconciliation workflow in QuickBooks.

The Community always welcomes you for further inquiries about your bank transactions. Have a great day ahead!

Sign up

Login with SSO

Let's get you signed in

Login with SSO