Quickbooks Quick Tip

Dec 5, 2019 | Quickbooks

Have you ever posted to incorrect accounts or classes for a few months in Quickbooks?  One way to resolve the problem is to go back to each transaction and change it manually.  This is both tedious and time consuming. Fortunately, Quickbooks has an accountant’s tool called “Reclassify Transactions.”  This tool is available only in the Accountant’s Copy of Quickbooks for both online and desktop versions.  With one click of a button, we can change transactions in batch.  The next time you make this kind of mistake, please call us.  It will take us far less time than it would take you to fix the errors.

Subscribe to our Accounting, Tax and Business Insights Newsletter

This field is for validation purposes and should be left unchanged.
Email Address:
Name(Required)
Privacy(Required)
Navigating State Tax Nexus

Navigating State Tax Nexus

Introduction The Supreme Court's landmark decision in South Dakota v. Wayfair, Inc. in 2018 transformed the landscape of sales tax compliance across the United States. Prior to this ruling, businesses were required to collect and remit sales taxes only if they had a...

read more
Congratulations Jennifer Wallace

Congratulations Jennifer Wallace

Congratulations to Jennifer Wallace, who is stepping into the role of President of the Atlantic-Cape May Chapter of the NJCPA.  Jennifer has been involved in the leadership of the chapter for many years, and she looks forward to giving back to the profession, the...

read more
Pleasantville Music Shoppe

Pleasantville Music Shoppe

Pleasantville Music Shoppe is one of the oldest mom and pop music stores in South Jersey. My dad, Gaston Ragno, at 20 years old, purchased the business on a handshake and a promise to pay when he could from his boss who wanted to retire. Over the years there were a...

read more
Good News from Social Security

Good News from Social Security

President Biden signed the Social Security Fairness Act into law in January of 2025.  This law will have the effect of increasing the entitlement to Social Security benefits to as many as 3.2 million people who receive public pensions based on employment when Social...

read more
I’ve Been Scammed

I’ve Been Scammed

With luck, those words will never leave our mouths.  The sad truth, though, is that crooks are getting smarter and it’s really hard to know what nefarious scheme they will come up with next.  If you find yourself a victim, can you claim any kind of tax deduction for...

read more