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Ethel_A
QuickBooks Team

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You can create journal entry to move the money to the correct account, @rock and roll.

 

I suggest consulting with your accountant before you begin this process. Your books won't get out of hand because you'll know which accounts to debit and credit.

 

  1. Click + New.
  2. Select Journal entry.
  3. From the first line, select an account from the Account field. Depending on if you need to debit or credit the account, enter the amount in the correct column.
  4. On the next line, select the other account you're moving money to or from. Depending on if you entered a debit or credit on the first line, enter the same amount in the opposite column.
  5. Check the amounts - you should have the same amount in the Credit column on one line and the Debit column on the other. This means the accounts are in balance.
  6. Enter information in the memo section so you know why you made the journal entry.
  7. Select Save and new or Save and close.

 

Also, I have a link that you can read for additional guidance in moving funds between accounts: Transfer funds between accounts.

 

Don't hesitate to comment below if you need further assistance in transferring funds from one account to another. I'm always here to help. Have a great day.

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