Categories
bank reconciliation Bank Register

Where is the bank reconciliation in new QB Online?

From the homepage screen

  • Click on the Company Gear (upper right- see pic)
  • Select Reconcile under Tools heading
  • Choose the Account
  • Now you can Reconcile

Another way to get there is from the homepage screen

  • From the blue navigation bar on the left, select Transactions
  • Select Registers
  • Locate and double click the bank account(or credit card account) to reconcile
  • On the bottom left is the Reconcile button.

When you reconcile, it is very important to make sure the difference (at the bottom) is zero amount. Do not go for an Auto Adjustment as that will be automatically posted to Reconciliation Discrepancies as an expense in P&L.

Click on the screenshot below to enlarge it

Bank Reconciliation
Bank Reconciliation

Categories
Bank Register Banking Chart of Accounts

How can I turn off the automatic download feature for bank and credit card accounts?

I want to download bank and credit card transactions manually from time to time. How Can I turn off the automatic download feature?

This is actually something QuickBooks Online does in the background. There is no preference for it. You can disconnect the download then reconnect it later.

  • From the Blue Navigation Bar on the left
  • Select Transactions menu
  • Go to Banking.
  • Click the pencil icon on the account you want to disconnect
  • Put a check mark in the Disconnect account on Save checkbox.
  • Click Save

When you are ready to connect it again, go to Transactions, then Banking. Click the blue Add Account button and follow the onscreen instructions.

 

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