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Level 2

Do I need to re-enter all of our bank transactions into Quickbooks Online via the bank feed? We have just moved from the Desktop version.

 
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Best answer March 25, 2020

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QuickBooks Team

Do I need to re-enter all of our bank transactions into Quickbooks Online via the bank feed? We have just moved from the Desktop version.

Thank you for reaching back to the Community. It's my priority to help you sort this out @jordan29. You don't need to add them as new transactions as this may cause discrepancy in your account. Instead, we can manually delete the duplicate transactions by excluded them from your bank. Let me guide you how:

  

  1. Click Banking from the left menu.
  2. Put a check mark on the transactions you like to exclude. 
  3. Under Batch action drop-down arrow and choose Exclude Selected.   

 

bank.PNG

 

To double check it, you can go to the Excluded tab if you need to see what you've excluded. The transactions aren't tracked or reported as part of your business finances and they won't appear in any associated account registers or reports. 

  

bank1.PNG

I've got an article for more detailed information about deleting or void transaction: Void or delete transactions in QuickBooks Online.  

 

Also for future reference you can check out this article on how to Assign, categorize and edit your downloaded bank transaction: Assign, categorize, edit, and add your downloaded banking transactions

 

Please don't hesitate to let me know if you should have any questions about this or anything else QuickBooks related. Have a wonderful day ahead of you!

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Highlighted
QuickBooks Team

Do I need to re-enter all of our bank transactions into Quickbooks Online via the bank feed? We have just moved from the Desktop version.

Hey, jordan29. Welcome to the Community! I'll help you with this.

You can enter transactions manually, but you don't have to. I recommend connecting your account. Doing this will automatically download your recent transactions. Here's how:
1. Go to Banking and click on Connect, or Add Account if you've already created one.
2. Search and locate the one you want to use, then hit Continue.
4. Use the steps provided on your bank's website to authorize the connection. Once you've finished the authorization, you'll be taken back to QuickBooks.
5. Choose the accounts you want to connect, and which one they will link with.
6. Select Connect.
If you have a bank that uses foreign currency, you can use the following article to setup the sync: How to add a foreign currency account

Additionally, if you're interested in connecting your company file to QuickBooks Online, you can follow the steps here: Move your Desktop file to QBO

If you have any questions, I'm just a post away.

Highlighted
Level 2

Do I need to re-enter all of our bank transactions into Quickbooks Online via the bank feed? We have just moved from the Desktop version.

Thank you for the prompt reply, Zach!

 

So, we've got our transactions in, but when we downloaded our bank info, it also included transactions we already have on our check register and that have already been reconciled. They don't match to the existing transactions; I can only add them in as new transactions, if that makes sense? That sort of prompted my original question. Is there a way to override this, or do we need to enter them all back in anyway?

Highlighted
QuickBooks Team

Do I need to re-enter all of our bank transactions into Quickbooks Online via the bank feed? We have just moved from the Desktop version.

Thank you for reaching back to the Community. It's my priority to help you sort this out @jordan29. You don't need to add them as new transactions as this may cause discrepancy in your account. Instead, we can manually delete the duplicate transactions by excluded them from your bank. Let me guide you how:

  

  1. Click Banking from the left menu.
  2. Put a check mark on the transactions you like to exclude. 
  3. Under Batch action drop-down arrow and choose Exclude Selected.   

 

bank.PNG

 

To double check it, you can go to the Excluded tab if you need to see what you've excluded. The transactions aren't tracked or reported as part of your business finances and they won't appear in any associated account registers or reports. 

  

bank1.PNG

I've got an article for more detailed information about deleting or void transaction: Void or delete transactions in QuickBooks Online.  

 

Also for future reference you can check out this article on how to Assign, categorize and edit your downloaded bank transaction: Assign, categorize, edit, and add your downloaded banking transactions

 

Please don't hesitate to let me know if you should have any questions about this or anything else QuickBooks related. Have a wonderful day ahead of you!

View solution in original post

Highlighted
Level 2

Do I need to re-enter all of our bank transactions into Quickbooks Online via the bank feed? We have just moved from the Desktop version.

Aileen - thank you! This is exactly what I was looking to find out.

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