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    tamara313's Avatar
    tamara313 Posts: 3, Reputation: 1
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    #1

    Jul 11, 2012, 01:43 PM
    Journal entry to move expenses
    How would you move expenses from one Quickbooks file to another?
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    Jul 11, 2012, 03:28 PM
    Quote Originally Posted by tamara313 View Post
    How would you move expenses from one Quickbooks file to another?
    Use athe journal function
    tamara313's Avatar
    tamara313 Posts: 3, Reputation: 1
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    #3

    Jul 12, 2012, 06:50 AM
    What would the journal entry be though?
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #4

    Jul 12, 2012, 06:03 PM
    Quote Originally Posted by tamara313 View Post
    What would the journal entry be though?

    Look if there has been a misallocation of a transaction you just go back to the entry and change the allocation and confirm the change but if you want to do it more formally you use a journal. The software is fairly forgiving and won't let you make too many mistakes.

    To find the entry you can list the transactions in the account and open the transaction with the wrong allocation

    If you have recorded the transaction in the wrong set of books it is possible to delete a transaction but this might cause problems if it isn't an outstanding transaction in a reconciliation

    You can use suspense accounts in both sets of books to pass the other side of the entry through. I would try deleting the wrong transaction and reentering it correctly
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