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To update a Quickbooks Memorized Transactions, simply follow the instructions below: Step 1: Go to the List menu and select Memorized Transaction List, then double-click on the transaction you want to amend or edit. Step 2: Make the necessary modifications and select Memorize from the top. Step 3: Select Replace to amend the transaction or Add to create a new one. Step 4: To complete the process, simply click on save and close or save and next.