How do you set up the bank account in QBO? I want to manually type the entries into QBO.

From the Home page screen

  • Select the Company Gear (top upper corner)
  • Select “Chart of Accounts” under Settings header
  • Select “New” button
  • New Account screen will open
  • Category Type = Bank
  • Detail Type = Bank account type (like checking or savings)
  • Name = Name of the Bank 
  • Description = Same as name (with acct number optional)
  • Save

Note: Leave BALANCE blank. You will need to write an appropriate entry for the opening bank balance separately.

Open New Bank Account
Open New Bank Account