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Three reasons to connect your bank accounts to QuickBooks Online

You can securely connect business and/or personal bank accounts to QuickBooks Online so all your transactions automatically flow into your books.

Here are three reasons it’s a great idea.

1. Reduce data entry

Connecting your bank accounts to QuickBooks Online is a great time saver as it eliminates the bulk of your data entry. You’ve got more important (and interesting) things to do than punch in transactions!

2. Automate your coding

For those frequent or recurring entries like petrol, rent, wages, etc you can set up rules so QuickBooks Online codes them automatically for you. This is a great time saver and makes sure transactions are consistently coded each and every time. You can learn more about bank feed rules and downloaded transactions here.

3. Have the latest business information anytime

When you connect your bank account(s) to QuickBooks Online, your business information is up to date so you can see in real time how your business is going. This means there’s never any surprises and you’re always in control.

Connecting your bank accounts to QuickBooks Online is easy to do plus you can download the last 90 days’ transactions if you need too. Here is a step to step guide to help you get started, as well as a list of all the bank that connect to QuickBooks Online.

You can also view this article to access more information about the banks that we’ve partnered with and what business banking features are relevant.

Should you have any queries about connecting your bank account(s) to QuickBooks Online, our Customer Care team is here to help!

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