2 Hour Live Training on Online Banking Center and Reconciliation - Beginner through Advanced
Training TypeLive Training
About the Course
Eliminate manual data entry! In this tutorial on QuickBooks Online Banking, we’ll show you how to add a bank account to QuickBooks, import and match transactions, categorize your expenses, and attach receipts. After you itemize your deductions, do a bank reconciliation.
One of the best features in QuickBooks Online is the ability to connect your bank accounts and credit cards. The Banking Feed allows you to pull in your transactions and classify them automatically, instead of entering everything in by hand. Automation features like Rules do some work for you. The new Receipt Capture will even scan your paper receipts and attach them to your expenses.
But…the Banking feed has some interesting quirks you need to know about. If you use it right, you can reduce your data entry to almost nothing...but if you use it wrong, you double your income and code your expenses wrong.
Once you’re up to date, we’ll also show you how to do bank reconciliations to reconcile your accounts at the end of the month so that you can have confidence in your reports.
QuickBooks Online Banking
How to add a bank account to QuickBooks,
Import transactions, match transactions, categorize expenses, attach receipts, itemized deductions,
Bank reconciliation, reconciling a bank account
Who is the Target Audience?
Business owners and employees who maintain their company’s financial records
Bookkeepers and Accountants who wish to brush up on their skills.
Prior QuickBooks® Online experience.
How to connect your bank accounts to your QuickBooks®
How to import new transactions as they clear the bank
How to import previous transaction history
How to classify transactions through the Bank Feed to save time on manual data entry
Which transactions you should NOT import automatically
Workarounds for bank feed issues
Using Receipt Capture to import paper receipts
How to reconcile your bank account transactions with your monthly bank statement
Tips and tricks while reconciling that will save time and frustration