Understanding Categories and Chart of Accounts in QuickBooks Online

[@cullumstirling]

Thank you! Trying to get my things in better order and recently discovered your helpful videos. Things I wish they taught us in school as it's fundamental!

[@MyCloudBookkeeping]

Delighted to help! Yes, financial literacy is an important skill - would be great to learn it at school if you don't get it at home!

[@Rialas]

I subscribed to Quickbook essentials. I could not work out how to batch re-categorise transactions. Apparently it’s not an option unless you pay them even more per month?

[@MyCloudBookkeeping]

I had thought batch recategorize was only available to accountants. Which version/plan offers that feature? Where are you?

[@Rialas]

@@MyCloudBookkeeping Hi. I’m in the uk. My accountant encouraged me to try quickbooks. The idea that I would prepare my accounts as I go along and then at the end of the year he would check my file and submit it to the inland revenue. Quickbooks is a no go for me and I’ve cancelled the essentials subscription. I’ve been using Moneydance for many years, and recategorising should be a basic requirement especially for stupid folks like myself 😀 Thanks for your time.

[@Rialas]

@@MyCloudBookkeeping Thanks for your reply. I’m in the uk. My accountant encouraged me to try quickbooks. I would prepare my accounts as I go along and then at the end of the year he would check my file and submit it to the inland revenue. Quickbooks is a no go for me and I’ve cancelled the essentials subscription. I’ve been using Moneydance for many years, and recategorising should be a basic requirement especially for stupid folks like myself 😀

[@Rialas]

@@MyCloudBookkeeping did my reply get deleted? I think I tried twice.

[@MyCloudBookkeeping]

@@Rialas I don't know - I didn't delete it