Miscategorized expenses are one of the most common—and costly—bookkeeping pitfalls. When transactions land in the wrong bucket, your profit margins look off, budgets don’t line up with reality, and tax deductions can be missed. The good news: with a clear chart of accounts, simple review routines, and a step-by-step reclassification process, you can quickly restore accuracy and protect decision-making. In this guide, you’ll learn how to identify the most frequent misclassifi