Hello there, ronnovak44.
I've got some information you need about the bank and QuickBooks balance.
The Bank Balance in QBO represents the current sum of funds present in the connected bank account. So if you manually upload your transactions, QuickBooks doesn't have access to your bank which is why, the bank balance will show as zero. This is the default if you bring in the transactions.
By contrast, the QuickBooks Balance encompasses all transactions recorded within our software, which includes categorized transactions and any adjustments made inside QBO. Please know that transactions found in the For Review tab aren't part of the QuickBooks Balance because these haven't been officially entered or added to the program.
To connect your bank account, you can follow the steps below:
- Go to the Transactions menu and select Bank Transactions.
- Click Link Account.
- Enter the URL or name of your bank in the Search field.
- Enter your Sign info in the Login and Password fields, then select Continue.
- Choose the account you want to connect and date to pull transactions from the dropdown ▼. Then, click Next.
- Some banks let you download the last 90 days of transactions. Others can go back as far as 24 months.
- Select your account type on the Account type ▼ dropdown, then select Next.
- Choose the account type that matches your chart of accounts in QuickBooks. If you don’t see the correct account type, select +Add new.
Moreover, this article can help you with connecting your bank accounts: Connect bank and credit card accounts to QuickBooks Online.
Also, these articles may come in handy in categorizing and reconciling your bank transactions seamlessly:
Do you require additional assistance with connecting your accounts? Please don't hesitate to include them in your response. I'll be right there to help you whenever you need it.
