Report Showing Expense as Income

Question

I have a report based on my credit card monthly usage.
 It shows a expense as as income.
 As you can see in the attached image it's showing the Tracfone payment as income even though it shows the amount is negative.
 I only use 1 account in the report (Visa).

Any ideas?
 James

Chris_QPW · Answer

You might think that the sign of a transaction would tell if the transaction is income or expense, but that isn't true.  Imagine you buy a shirt, that is an expense/withdraw.  Now you return it.  That is going to be recorded as a deposit, but it isn't income, it is a negative expense, as in you spent X dollars less on clothing.

Therefore Quicken needs to know the category and that category will tell Quicken if it is an expense or income.

Tom Young · Answer

When you establish a Category you denote it as either an income or expense item.  That governs where the Category shows up in a report and affects the sign of the dollar amount show in the report.

James114 · Answer

Yea that worked. It was a bit confusing. I guess one must categorize transactions for Quicken to
 realize the transaction is income ort debit?