Showing results for 
Search instead for 
Did you mean: 
change master admin
Level 1

Bill Payment showing up in Bank Feed and Reconcilation

I have a client that uses Wells Fargo's Bill Payment system.  QBO is the software that they use.

Steps used to pay their bills in QBO:

1. +New

2. Pay Bills

3. They select the bills (different vendors)

4. On Wells Fargo's website the enter the bills to be paid (could have different pay dates)

5. Clicks Save and Close

6. Vendors bills are showing paid 

7. Wells Fargo shows a lump sum as a deduction

8. Check register show "Bill Payment" for the type of transaction

9. Reconcile >  Shows "Bill Payment" as type and "Accounts Payable" as Account, Wells Fargo statement shows Lump sum

10. How do I reconcile this bank statement?


2 Comments 2
QuickBooks Team

Bill Payment showing up in Bank Feed and Reconcilation

Thanks for providing the detailed steps you've performed, @change master admin.


Let me help you reconcile your account to make sure your books are accurate before you close it.


Once the bill payment you made in Well Fargo is downloaded in the Banking register, you'll match it with the transaction you enter in QBO. This way, they are categorized and cleared which avoids duplicates.


After the transaction are matched, proceed to these steps to reconcile your bank account. Here's how:


  1. Go to the Accounting menu and select Reconcile.
  2. From the Account drop-down menu, choose the account you want to reconcile. recon1.PNG
  3. Check the Last statement ending date. Make sure your bank statement starts the day after your last reconciliation.
  4. Review the Beginning balance. Make sure the beginning balance in QuickBooks matches the one on your bank statement. 
  5. Enter the Ending balance and Ending date as they're written on your bank statement.
  6. Select Start reconciling when you're ready to start.


To reconcile, compare the list of transactions on your bank statement with what's in QuickBooks. If they match, make sure there's a checkmark next to the amount in QuickBooks.


When you reach the end, the difference between your statement and QuickBooks should be $0.00. If it is, select Finish now and then select Done.


In case the difference isn't $0.00, or you can't find a transaction that should be in QuickBooks, don't worry. Here's how to review and fix everything.


Additionally, you can run a Reconciliation report to view your previous reconciliations. This report is useful if you have trouble reconciling the following month and when you meet with your accountant.


If you need further assistance in reconciling your account in QBO, click the Reply button below so I can further assist you. Have a great day.

change master admin
Level 1

Bill Payment showing up in Bank Feed and Reconcilation

My problem is that Wells Fargo only listed the aggregate amount, not the individual paid amount, even if the payments are scheduled for different days.


I have requested that the client send me the printout from Wells Fargo so that I can match the withdrawals with the Bill Payments.

Need to get in touch?

Contact us
Sign in for the best experience
Ask questions, get answers, and join our large community of QuickBooks users.
Sign In / Sign Up