You're right, @faenewl. The Reclassify Transactions tool primarily works with Profit and Loss accounts, which include income and expense accounts.
The tool is limited to reclassifying journal entries and transfers for balance sheet accounts, such as assets, liabilities, and equity. If you need to reclassify other types of transactions, you may need to manually adjust them or use journal entries to correct the classifications.
For further information about utilizing the reclassify tools, please refer to this article: Reclassify or move multiple transactions in QuickBooks Online Accountant and Advanced.
Additionally, you might want to reconcile your account to check if your accounts matches your bank and credit card statements.
Please let me know if you have specific concerns about reclassifying transactions or need assistance with QuickBooks. Keep safe.
