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Add bank account

Trying to add bank account without actually connecting the account. Is this possible?

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Add bank account

Ask and you shall receive, @crwfdhallmall.

 

QuickBooks Online (QBO) does make it possible to add a bank register that isn't automatically populated with a (DirectConnect) bank connection. You can accomplish this by following the steps below:

 

Create a New Bank Account in QBO

  1. From QuickBooks Online, navigate to the Accounting tab and the Chart of Accounts section.
  2. Click New. Fill out an Account Type, Detail Type, and Beginning Balance.
  3. Select Save and close once finished.

Doing this will add a bank account to your Chart of Accounts for holding manually created transactions without a live connection. This information is also available from our guide on creating new ledger accounts for your benefit. Once the register is created, you can add transaction data in batches by uploading files obtained from your online banking website. This is the process known as WebConnect and I've detailed the steps below:

 

Uploading Transactions with Bank Files

  1. Begin by navigating to your bank's website and signing in. Locate your account's transaction list and look for a Download ⇩ button. Be sure to select one of the supported formats from the picture below.
  2. In QuickBooks Online, click the Gear icon (⚙) and select Import Data. Choose Bank Data.
  3. Click Browse and navigate to where you saved the bank file. Follow the on-screen instructions from there to map and import your data.

 

These instructions are also available from our extensive guide on uploading bank transactions if you're interested. Using these steps, you can upload data to your manually created register with ease. The items will appear For Review on the Banking tab just as if it was a live connection.

 

Please keep in touch with me here for all of your QuickBooks needs, I'll always have your back. Thanks for coming to the Community and take care.

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