Banking Center and Reconciliation in QBO

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Online

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Description

  • Type

    Course

  • Methodology

    Online

  • Start date

    Different dates available

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. We’ll also show you how to reconcile your accounts at the end of the month so that you can have confidence in your numbers.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 the 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.Who this course is for:Business owners and employees who maintain their company’s financial records
Bookkeepers and Accountants who wish to brush up on their skills.

Facilities

Location

Start date

Online

Start date

Different dates availableEnrolment now open

About this course

How to connect your bank accounts to your Quick Books®
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
Why you should reconcile even if you’re importing
How to reconcile your bank account transactions with your monthly bank statement
Tips and tricks wile reconciling that will save time and frustration

Business owners and employees who maintain their company’s financial records
Bookkeepers and Accountants who wish to brush up on their skills.

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Reviews

This centre's achievements

2021

All courses are up to date

The average rating is higher than 3.7

More than 50 reviews in the last 12 months

This centre has featured on Emagister for 4 years

Subjects

  • Confidence Training
  • Banking
  • Credit
  • Savings
  • Loans
  • Transactions
  • Accounts

Course programme

Using the QBO Banking Feed 1 lecture 01:10:44 Using the QBO Banking Feed Set up and use QBO's Banking Feed to reduce data entry. Using the QBO Banking Feed 1 lecture 01:10:44 Using the QBO Banking Feed Set up and use QBO's Banking Feed to reduce data entry. Using the QBO Banking Feed Set up and use QBO's Banking Feed to reduce data entry. Using the QBO Banking Feed Set up and use QBO's Banking Feed to reduce data entry. Using the QBO Banking Feed Set up and use QBO's Banking Feed to reduce data entry. Using the QBO Banking Feed Set up and use QBO's Banking Feed to reduce data entry. Set up and use QBO's Banking Feed to reduce data entry. Set up and use QBO's Banking Feed to reduce data entry. Banking Rules 1 lecture 25:56 Banking Rules Automate the Banking Feed to assign Payees, Categories, Classes, and splits. You can even have routine transactions add to the register automatically. This feature saves hours of data entry work every month! Banking Rules 1 lecture 25:56 Banking Rules Automate the Banking Feed to assign Payees, Categories, Classes, and splits. You can even have routine transactions add to the register automatically. This feature saves hours of data entry work every month! Banking Rules Automate the Banking Feed to assign Payees, Categories, Classes, and splits. You can even have routine transactions add to the register automatically. This feature saves hours of data entry work every month! Banking Rules Automate the Banking Feed to assign Payees, Categories, Classes, and splits. You can even have routine transactions add to the register automatically. This feature saves hours of data entry work every month! Banking Rules Automate the Banking Feed to assign Payees, Categories, Classes, and splits. You can even have routine transactions add to the register automatically. This feature saves hours of data entry work every month! Banking Rules Automate the Banking Feed to assign Payees, Categories, Classes, and splits. You can even have routine transactions add to the register automatically. This feature saves hours of data entry work every month! Automate the Banking Feed to assign Payees, Categories, Classes, and splits. You can even have routine transactions add to the register automatically. This feature saves hours of data entry work every month! Automate the Banking Feed to assign Payees, Categories, Classes, and splits. You can even have routine transactions add to the register automatically. This feature saves hours of data entry work every month! Troubleshooting the Banking Feed 1 lecture 10:40 Troubleshooting the Banking Feed Troubleshooting the Banking Feed 1 lecture 10:40 Troubleshooting the Banking Feed Troubleshooting the Banking Feed Troubleshooting the Banking Feed Troubleshooting the Banking Feed Troubleshooting the Banking Feed Reconciling Your Accounts 1 lecture 08:38 Reconciling Your Accounts It's important to Reconcile all your checking and savings accounts, credit cards, loans, and clearing accounts every month. That's how you know if you have transactions that are duplicated, missing, or allocated to the wrong account If you've been using the Banking Feed, sometimes reconciling your account can take seconds. Reconciling Your Accounts 1 lecture 08:38 Reconciling Your Accounts It's important to Reconcile all your checking and savings accounts, credit cards, loans, and clearing accounts every month. That's how you know if you have transactions that are duplicated, missing, or allocated to the wrong account If you've been using the Banking Feed, sometimes reconciling your account can take seconds. Reconciling Your Accounts It's important to Reconcile all your checking and savings accounts, credit cards, loans, and clearing accounts every month. That's how you know if you have transactions that are duplicated, missing, or allocated to the wrong account If you've been using the Banking Feed, sometimes reconciling your account can take seconds. Reconciling Your Accounts It's important to Reconcile all your checking and savings accounts, credit cards, loans, and clearing accounts every month. That's how you know if you have transactions that are duplicated, missing, or allocated to the wrong account If you've been using the Banking Feed, sometimes reconciling your account can take seconds. Reconciling Your Accounts It's important to Reconcile all your checking and savings accounts, credit cards, loans, and clearing accounts every month. That's how you know if you have transactions that are duplicated, missing, or allocated to the wrong account If you've been using the Banking Feed, sometimes reconciling your account can take seconds. Reconciling Your Accounts It's important to Reconcile all your checking and savings accounts, credit cards, loans, and clearing accounts every month. That's how you know if you have transactions that are duplicated, missing, or allocated to the wrong account If you've been using the Banking Feed, sometimes reconciling your account can take seconds. It's important to Reconcile all your checking and savings accounts, credit cards, loans, and clearing accounts every month. That's how you know if you have transactions that are duplicated, missing, or allocated to the wrong account If you've been using the Banking Feed, sometimes reconciling your account can take seconds. It's important to Reconcile all your checking and savings accounts, credit cards, loans, and clearing accounts every month. That's how you know if you have transactions that are duplicated, missing, or allocated to the wrong account If you've been using the Banking Feed, sometimes reconciling your account can take seconds. Corporate Credit Cards 1 lecture 05:24 Corporate Credit Cards Corporate Credit Cards can be complex to manage:
  • Create the main corporate account.
  • Add the individual cards as sub accounts.
  • Connect ONLY the individual cards to the Banking Feed.
  • At the end of the month, add a Transfer for each employee card for the total spent on that card. Make it from the Main card to that sub card. This zeros out the spending so your reports show current balances.
  • Reconcile ONLY the main account. Include the in-and-out transactions from step 4.
Corporate Credit Cards 1 lecture 05:24 Corporate Credit Cards Corporate Credit Cards can be complex to manage:
  • Create the main corporate account.
  • Add the individual cards as sub accounts.
  • Connect ONLY the individual cards to the Banking Feed.
  • At the end of the month, add a Transfer for each employee card for the total spent on that card. Make it from the Main card to that sub card. This zeros out the spending so your reports show current balances.
  • Reconcile ONLY the main account. Include the in-and-out transactions from step 4.
Corporate Credit Cards Corporate Credit Cards can be complex to manage:
  • Create the main corporate account.
  • Add the individual cards as sub accounts.
  • Connect ONLY the individual cards to the Banking Feed.
  • At the end of the month, add a Transfer for each employee card for the total spent on that card. Make it from the Main card to that sub card. This zeros out the spending so your reports show current balances.
  • Reconcile ONLY the main account. Include the in-and-out transactions from step 4.
Corporate Credit Cards Corporate Credit Cards can be complex to manage:
  • Create the main corporate account.
  • Add the individual cards as sub accounts.
  • Connect ONLY the individual cards to the Banking Feed.
  • At the end of the month, add a Transfer for each employee card for the total spent on that card. Make it from the Main card to that sub card. This zeros out the spending so your reports show current balances.
  • Reconcile ONLY the main account. Include the in-and-out transactions from step 4.
Corporate Credit Cards Corporate Credit Cards can be complex to manage:
  • Create the main corporate account.
  • Add the individual cards as sub accounts.
  • Connect ONLY the individual cards to the Banking Feed.
  • At the end of the month, add a Transfer for each employee card for the total spent on that card. Make it from the Main card to that sub card. This zeros out the spending so your reports show current balances.
  • Reconcile ONLY the main account. Include the in-and-out transactions from step 4.
Corporate Credit Cards Corporate Credit Cards can be complex to manage:
  • Create the main corporate account.
  • Add the individual cards as sub accounts.
  • Connect ONLY the individual cards to the Banking Feed.
  • At the end of the month, add a Transfer for each employee card for the total spent on that card. Make it from the Main card to that sub card. This zeros out the spending so your reports show current balances.
  • Reconcile ONLY the main account. Include the in-and-out transactions from step 4.
Corporate Credit Cards can be complex to manage:
  • Create the main corporate account.
  • Add the individual cards as sub accounts.
  • Connect ONLY the individual cards to the Banking Feed.
  • At the end of the month, add a Transfer for each employee card for the total spent on that card. Make it from the Main card to that sub card. This zeros out the spending so your reports show current balances.
  • Reconcile ONLY the main account. Include the in-and-out transactions from step 4.
Corporate Credit Cards can be complex to manage:
  • Create the main corporate account.
  • Add the individual cards as sub accounts.
  • Connect ONLY the individual cards to the Banking Feed.
  • At the end of the month, add a Transfer for each employee card for the total spent on that card. Make it from the Main card to that sub card. This zeros out the spending so your reports show current balances.
  • Reconcile ONLY the main account. Include the in-and-out transactions from step 4.
Receipt Capture 1 lecture 02:25 Receipt Capture Learn to use QBO's built in receipt capture feature. Receipt Capture 1 lecture 02:25 Receipt Capture Learn to use QBO's built in receipt capture feature. Receipt Capture Learn to use QBO's built in receipt capture feature. Receipt Capture Learn to use QBO's built in receipt capture feature. Receipt Capture Learn to use QBO's built in receipt capture feature. Receipt Capture Learn to use QBO's built in receipt capture feature. Learn to use QBO's built in receipt capture feature. Learn to use QBO's built in receipt capture feature.

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Banking Center and Reconciliation in QBO

£ 10 VAT inc.

The best Banking and Financial Services courses

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