Hi, How to link a new CD account with the same bank I am currently with the checking account?

It's great to know that you've opened a new Certificate of Deposit (CD), @new2023, and want to organize your financial transactions by linking it to QBO. I'm here to provide guidance regarding this.

You can link your Certificate of Deposit (CD) account the same way when you connect your Checking account in QuickBooks Online (QBO). However, please know that QBO depends on the connections your financial institution allows. You can follow these steps:

1. In your QBO account, go to Transactions. Then, Bank transactions.
2. Click on Link account.
3. Enter your bank name or URL in the search field.
4. Locate the CD account you want to connect on the Which accounts do you want to connect? page and select it.
5. From the Enter account type, choose Add new.
6. Enter an appropriate name, and choose Savings as the Detail Type since a CD account can be considered a savings account type.
7. Select Save and Close.
8. Review other details. Then, hit Connect.
   

    

If your CD account isn't on the list, consider contacting your bank for support in linking it to QBO. For now, set up your CD account in your Chart of accounts and manually upload transactions. You can follow these steps:

1. Go to the Gear icon. Then, Chart of accounts.
2. Select New.
3. Enter an appropriate name, and choose Bank from the Account type drop-down list.
4. Select Savings as the Detail Type since a CD account is usually a savings account.
5. Select Save and Close.
6. Leave the Opening balance and As of date blank.
7. Review other details and click on Save.

For manually uploading transactions to your CD account, refer to this article for the detailed steps: Manually upload transactions into QuickBooks Online.

If you need to record transactions between your other bank accounts and your CD account after this, you can record them as transfers. I'm adding this article as a reference: Transfer funds between accounts.

If you have further questions about connecting your CD account to QBO, we'll be here in the Community 24/7 to help. We're committed to offering ongoing support. Take care!