In the income and expense by category reports I get expenses showing up in the income section

The categories are set up as expenses but show as income

Best Answers

Answers

  • NotACPA
    NotACPA SuperUser, Windows Beta Beta
    Please elaborate upon these transactions ... and what type of account they're showing  up in.
    ALSO, have you looked that the Category for those transactions and confirmed that they are Expense categories in your Category list?
    Q user since DOS version 5
    Now running Quicken Windows Subscription, Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • Thank you. I will do a little research and get back to you.
  • All of the expense transactions are either Medical Insurance or Medical Expenses and they show up in the income section. They are definitely categorized as Expenses. They are auto pays, payments by check and by credit card.
  • NotACPA
    NotACPA SuperUser, Windows Beta Beta
    Also, can you show us the individual TRANSACTIONS that make up the ~$5K of "Insurance - Medical".  Is that Premiums that you've paid, or reimbursements?
    Because Premiums are, indeed, Expenses ... but Reimbursements should be posted to what appears to be your "Medical" category ... thus reducing the amount paid there.
    Q user since DOS version 5
    Now running Quicken Windows Subscription, Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • I am SOOOO grateful. The tax-line assignment was indeed the problem. I have put up with this forever. You have really made my day!!! Thank you so much!
This discussion has been closed.