Hi wkwonginc-gmail-,
Welcome to Community! Categorizing and matching your transactions in QuickBooks Online, is an essential step in preparing to reconcile your accounts. I would be glad to provide some insight here!
When you review your downloaded transactions, you'll note that QuickBooks keeps them in the For review tab, and suggests a category for each transaction. You will only select the option to Add the transaction when you've confirmed the suggested category is correct. The transaction will then be moved to the Categorized tab. To learn more about categorizing transactions in QuickBooks Online, click here.
In addition, you may prefer to set up Bank Rules. QuickBooks will automatically categorize the transactions for you based on the rules you create.
Should you require additional assistance, please don't hesitate to contact us outside of Community. It would be a pleasure to work with you on a personal level, and assist you with accomplishing your QuickBooks goals as soon as possible!
Feel free to reach out again, if you have any other questions. We would be happy to assist!
