Good afternoon, sbraver.

I have some insight I'd like to share with you about bank rules. In both QuickBooks Online and QuickBooks Desktop, bank rules allow you to pre-customize transactions as they come in via Bank Feeds. Both platforms allow for auto-assigning a payee and an income/expense account. QuickBooks Online goes a little further by adding the extra layer for a Class, Location, and a Memo field. If you'd like to read more, I'm attaching the articles on Bank Feeds for both Desktop and Online down below. If you have any additional questions about this, feel free to reach out to me.

Online: https://community.intuit.com/articles/1145469-banking-rules-and-recognition-for-downloaded-transacti...

Desktop: https://community.intuit.com/articles/1550952-use-renaming-rules-for-bank-feeds