I am using QuickBooks Online. I was reviewing the 2023 transactions (after the credit card was reconciled). I found a few misclassified categories (53 to be exact) where I went from the 2023 Profit/Loss and changed the categories. A week later I received the January credit card statement (the transactions also download from the bank) and began to reconcile the statement. The QBO noticed the starting balance was not in agreement with my statement.
Upon further review I followed the prompts in QBO and reopened each transaction and changed the reconciled status from R to a blank. Then I tested one transaction to see if I could "edit" it from "blank" to "R" and it worked correctly. By that I mean it was bring the opening balance down closer to my statement opening balance. Next, I did another one and it also worked fine. Then I tried 3 transactions and they also worked OK. Next, I tried 5 more edits and they also entered correctly. From there I jumped in with both feet and changed the remaining charges from "blank" to "R".
When I was done, I again tried to restart the January reconciliation and found I was out of balance again. This time I noticed the last transactions I did changed the bank "charges" to "credits".
Now I'm stuck and can't figure out how to correct the credits to debits.
Can you help?
