bank feed bank feeds/page/2/ Banking

How do I match a batch deposit for payment of an invoice and vendor refund deposit?

Example: My total deposit amount is $1,300, $1,200 for payment for the outstanding invoice and $100 for Insurance refund.

  • From the Banking Review tab, find the Deposit transaction you want to match with customer payment plus insurance refund.
  • Click the Deposit transaction row in question.
    Click the “Find match” radio button.
  • Match transactions screen will open. See the screenshot below for reference.
  • Select the transaction to match for Invoice payment.
  • Click the RESOLVE button.
  • Under Add resolving transactions section, add an insurance refund deposit. The total deposit should match now.
  • Save.

Find match resolve transaction

bank feed Banking QuickBooks Online QBO

How do I edit an expense that the online bank classified as a transfer

It’s easy to edit when this occasionally happens. Just click the transaction row in the Banking For Review. Switch radio button from ‘Record Transfer’ to ‘Add’ and record expense.

Change from Record transfer to Add expense

bank feed Banking

Quickbooks Online – how do I delete items from Banking For Review

From the Banking “For Review” tab, click the checkboxes to the left of the date for the transactions you want to exclude.

Once you’re done, click the Batch Actions drop-down arrow and select Exclude Selected.
The transactions moved to the “Excluded” tab from the “For Review” tab.

To delete permanently:

From the “Excluded” tab > Select transactions to delete > Batch Actions > Delete.

bank feed Banking

QuickBooks Online – Connect a bank account problems

I hear issues with bank connect all the time. Each bank is different. It may even take time to resolve these issues. But in the mean time, I like to offer few suggestions:

1) To manually UPDATE your bank account:

a) Select Banking from the left dashboard menu.
b) ​Select Update in the upper right. QuickBooks Online will update all your connected bank and credit card accounts. If you only want to update some of them, select to clear the unwanted accounts.
c) Select Update Now.
d) If prompted, enter your Multi-Factor Authentication (MFA) credentials (must be done within 2 minutes of box appearing) and then select Continue Update.
Note: Multi-Factor Authentication is any security precaution beyond just a username and password.

You can keep working in QuickBooks Online while the accounts update, which might take a few moments. QuickBooks Online displays a notification when the updates are complete. REPEAT THE SAME PROCESS AGAIN (wait few minutes).

2) To connect a bank again with URL of your bank instead:

a) Select Banking from the left dashboard menu.
b) ​Select Bank you want to connect again
c) Click the pencil icon and choose “Edit sign-in info” link. Will take you to “Connect an account” page
d) Instead of selecting the popular bank name or logo from QuickBooks (connect an account), enter URL of your bank in the search box. (This is the bank URL address you login-in to review your bank account.)
The reason is bank may have changed the login URL address and QuickBooks is not up-to-date yet.
e) Once bank connected securely, it takes a few minutes to download your transactions.

IF this doesn’t work. You can call QuickBooks Customer Care Team* (see below for more info), doubtful they can help you more right away but they will know, it’s having an issue with your bank connecting QuickBooks.

3) Upload or Import bank transactions:

Refer to this article:

Basically, DOWNLOAD transactions from your bank’s website and UPLOAD the file to the QBO company.

*QuickBooks Customer Care Team
How and when can I contact Support? (US only)

bank feed Banking

Bank feed populates all downloaded check transactions with the same Vendor

EXAMPLE: My bank feed populates all my downloaded CHECK transactions with the same Vendor. I change the vendor payee category on any given transaction it will change for all downloaded transactions in bank feed. There is no bank rule setup for this. Is there a way I can turn that off?

Unfortunately, you can’t turn that off in QBO bank feed. That’s the way it is in bank feed for Checks (and other transactions) at this time. QuickBooks needs to do something about this. It’s better to have no vendor name at all than incorrect vendor name.

Just as a workaround you can create a Bank Rule the following way:

1. Create a new vendor named “Unknown” and
2. Create a new condition rule to mark anything containing “Check” to go to Vendor payee “Unknown” and “Uncategorized Expense” account.

This will at least draw your attention to it. It will not add to wrong Vendor and incorrect Expense category tag.






Bank Deposit bank feed bank feeds/page/2/ Banking Customers Invoice Receive Payment Receiving Payment

How to handle fees (Paypal and Square) deducted from customer payments in QuickBooks Online

This article deals with step-by-step instructions on how to manually recording fees (Paypal or Square) and then match the deposit transactions in bank feed —Review items from your bank and link each item to an existing record.

EXAMPLE – Signed up for Square (or PayPal) so that I could accept credit cards. I will be paying the fee myself, not the customer. So when I give a customer an Invoice for $1,000.00, they will swipe their card and have $100 taken from the customer. Square (or PayPal) will take their fee off the top and then deposit $970.00 into my business checking account. My bank feed under review items from bank link will show $970.00 deposit ($1,000 customer payment less $30 fee).

Here’s how to handle fees (Square and Paypal) deducted from Customer payments in QuickBooks Online:


1. Identify the customer Invoices that were paid via Square or Paypal.

2. Receive Payment of open invoice amount (create “+” sign > customers > receive payment) . Select the invoices that were paid. Make sure to select “Deposit-to” that this payment is being deposited into your Undeposited Funds account.


NOTE: To ensure that the associated transaction processing fee is recorded accurately, the invoice payment must be applied manually through the “Receive Payment” screen (rather than through the matching feature). A manual deposit must also be entered (step 3).

3. Add a new Deposit. Click on the Create or “+” sign and go to “Other” and click on Bank Deposit.

4. Select appropriate invoice(s) “Select the payments included in this deposit” tab

5. Record the processing fee part of the transaction under Add New Deposits tab.

Make sure to enter the amount of the processing fee as a negative number so that it deducts from the total deposit amount.
Received From = Square or Paypal Vendor
Account = Fees (Expense or COG account)

6. Total deposit amount should match your deposit to accept the transaction in bank feed.


7. Go back to Banking and under the Dashboard, locate your deposit under “For Review” tab. Since the processing fee has now been manually recorded in QuickBooks, you will be able to match your Square or Paypal deposit.


bank feed Credit Card Excel Spreadsheet File upload Import Data

How to import credit card transactions from Excel CSV file to QuickBooks Online (QBO)

QuickBooks Online allows users to import their credit card transactions via Excel CSV (comma-separated values) files. It will allow importing date, description and amount columns. For the amount, you can use 1-Column field or 2-Column fields. It is recommended to use Debit and Credit with two columns excel file format to import. QBO will not allow mapping additional columns, for example, billable to customer, class, and location.

QBO uses the same “Map CSV columns” fields format for importing both bank account as well as credit card account. It’s a bit confusing for importing credit card liability type account. It could be ended up importing the wrong way. For bank checking account import, you will need to use opposite fields selection of credit card import. Like for example, the expenses were imported as payments and vice versa. See below instructions on how to correct if that happens.

Here is recommended Excel CSV template format:
Debit = Expense
Credit = Payment


To import a CSV file (see below for screenshots):

    • From the left dashboard, select Banking.
    • Select File upload at the top right corner.
    • Click Browse and Select the “.CSV file” to upload from your computer.
    • Click Next.
    • From the QuickBooks Account drop-down, select the credit card account to which to import.
    • Click Next.
    • Map your fields according to your CSV file’s format.
    • Under Amount, Select 2 Column radio-button.
    • For Debit Column 3, Select Expense and for Credit Column 4, Select Payment.
    • Click Next.
    • Select the transactions to import.
    • Click Next.
    • You will receive a notification, stating the number of transactions that will be imported.
    • Click Yes.
    • When you get confirmation of the import, click Finish.


    You will now be directed to the Downloaded Transactions window under Banking, where the imported transactions will appear under the “For Review” tab. You will now need to review account category and appropriate payee and add the transaction to QuickBooks.



    How to delete the transaction imported from bank feed if they were imported wrong way?
    Like for example, the expenses were imported as payments.

    You will first need to exclude and then delete all the transactions.

    To exclude a transaction or multiple transactions:

    • Choose Banking on the left dashboard.
    • You’ll see the For Review tab, click the checkboxes to the left of the date for the transactions you want to exclude.
    • Once you’re done, click the Batch Actions drop-down arrow and select Exclude Selected.
    • The transactions move to the Excluded tab.

    To permanently delete unwanted downloaded banking transactions from “Excluded” section of the banking center

    • From the Excluded tab, go to “Batch actions” and choose to pull down arrow and select DELETE. That will permanently delete downloaded transactions.

    Screenshots of CSV file upload:


bank feed Banking QBO QBO Home Page

How can I change the listing order of bank accounts on the new QB online dashboard

QuickBooks Online – How can I change the listing order of bank accounts on the new QB online dashboard

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My bank balance is different than actual balance in QuickBooks register

QuickBooks Online – My bank balance is different than actual balance in QuickBooks register.

Different balance, why?
1. Outstanding checks
2. Deposits in transit
3. New Transactions for connected account
4. Duplicate transactions
5. Editing or deleting transactions
6. Beginning balance

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bank feed Banking

QuickBooks Online Bank Feed: How to import/export bank rules

Bank rules are great for controlling how incoming bank transactions are categorized before you accept them into QuickBooks. Rules save time and minimize typing mistakes!

This article explains how to import and export rules, which is convenient if you manage multiple companies (like accountants often do).