How to set up bank feeds in QuckBooks Online.

1. Bank Transactions in QBO
How to set up

2. The quick answer...

3. What are bank feeds?
● Links to bank and credit card accounts
○ Transactions are fed to QBO Banking center
■ Bank transactions can be more easily matched with QBO transactions

4. How to connect bank feeds
1. Left menu
a. Banking Center
2. If it’s your first time select Connect
a. Otherwise select Add account
3. Select the appropriate bank/credit card
4. Enter your username and password for your bank/credit card log-in
5. Choose the appropriate account
6. Choose the appropriate account type
a. Bank or Credit card
7. Give the account a name
8. Select Save

5. How much history is imported?
1. It varies by bank/credit card
a. 30 days - 2 years
b. 0 days if your bank/credit card won’t connect to QBO

6. Manually uploading transactions
1. Settle on a date range
a. Don’t import duplicate bank transactions!
■ Chart of Accounts > View register
2. Download transactions from your bank/credit card
a. Follow the bank’s instructions on how to do so
3. Ensure the file is in the correct format
a. CSV, QBO (preferred), QFX
b. File size can’t exceed 350 KB
4. Navigate to appropriate link
a. Banking > Banking
b. Click the tile of the account you want to upload
c. Click the dropdown arrow (▼) by Update
■ Select File upload

7. Downloading transactions screenshots

8. Manually uploading transactions cont...
1. Begin the upload
a. Browse for and select the downloaded file
b. Select the account you want to upload to
■ From the QuickBooks account ▼ dropdown
c. Match the columns in the file to the QBO fields
d. Select Let’s go
2. Categorize the transactions
a. Banking > Match and categorize
b. Until you do this, the transactions will not “fully” be in your account
3. Reconcile the transactions
a. Not completely necessary, but advised
b. You may need to edit your opening balance if the transactions took place before the “as of” date

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