Hi there, @mchppaccounting.
I'm here to help share insights about your entries and their class assignment in QuickBooks Online.
The interest paid entries while working with your bank or credit card account reconciliation is one of those transactions that do not have the class assignment option as you enter them. This is the reason why you'll see them under the Not Specified category of your Profit and Loss by Class report.
Therefore, we'll have to manually assign the class category by changing them directly from your account register. I'll show you how.
- Go to Accounting.
- Select Chart of accounts.
- Enter Interest Paid in the Filter by name text area.
- Under Action, select Run report.
- Find and open the entry in question.
- Below the Class column, choose what category would you like to assign them.
- Click Save and close.
Now that you've already made the correct class assignment of your entries, consider logging in to your account via our supported browser versions for the best experience and use this reference for all the features and functions of QuickBooks: Help Articles in QuickBooks Online. Also, you can read subtopics that will describe how a feature is used and how to accomplish tasks related to its functions.
I've got you covered if you have questions about working with the category of your reports in QuickBooks. Don't forget to include my name, @JonpriL, in your reply so that I can get back here and answer all your QuickBooks concerns. Take care always and stay safe!
