Bank Import Rules do not look at "Show Bank Memo" data

Thank you for providing me the complete details of your concern, @chrissimon.

You can create a rule in Advanced Mode to easily match those entries in your client's bank. With the Advanced mode, QuickBooks will separate your transactions into 3 categories (Recognized, Partially recognized, and Unrecognized) based on the information gathered from your transactions and in the system.

To create a rule using Advanced mode, follow the steps below:

1. Go to the Banking menu.
2. Choose Bank Feeds, then Bank Feeds Center.
3. Select Rules, then Add Rule.
4. Add a Rule Name, then select if it’s Money In or Money Out, or Both.
5. Add Conditions and if the rule is for Any or All of the conditions for description, memo, and amount.
6. If your class tracking is enabled, add values for Payee, Account, and Class.
7. For Money Out rules, you can also assign a Customer: Job.
8. Select Save.

Also, in the Edit Rule dialog box, you can select Categories to help you classify the transactions. Then, select a specific account to complete the rule. Just, click the Rename drop-down arrow.

For more details, see this article: Create rules to categorize transactions in QuickBooks Desktop.

Please browse these handy articles for in-depth information about matching transactions and reconciling your account: 

• Add and match Bank Feed transactions in QuickBooks Desktop
• Reconcile an account in QuickBooks Desktop

Get back to me if you have follow-up questions or concerns with creating rules. I'm more than happy to assist you. Take care!

How do you enter "Advanced Mode"?

Ok. Both replies are very helpful; however, since I didn't even know there was an "Advanced Mode", or how to get there, I will mark this as the most helpful answer in my situation. For anyone new to QBE, both answers are very informative.

That said, for the one client who is new, Advanced Mode is very useful. For other clients who I've been working with for some time and have rules in the ol boring mode, I just discovered you need to recreate all of your old rules. So, YMMV

Hi! I switched to advanced banking. However, the bank memo is not showing up whenever I run the P&L Detail. This is my way of checking

Hanjali, I'm delighted to have you in the thread. I'd be happy to provide you with information or assist you with this matter.

I'd like to know if you created bank rules that prevent showing your bank feed memo. If none, let's verify and rebuild data in QuickBooks Desktop. It identifies the most commonly known data issues within a company file and then resolves the most data integrity issues discovered by Verify Data.

To verify your company file data:

1. Choose Window, then select Close All.
2. Verify Data. Click File, followed by Utilities. 
3. Select Verify Data.

To rebuild your company file data:

1. Choose File, Utilities, and then Rebuild Data.
2. Pick a location for your backup, then click OK at the bottom of the QuickBooks Desktop Backup window.
3. When the backup is complete, the Rebuild Data utility starts.
4. When you see the message "Rebuild has completed," click OK.

For more detailed steps and recommended solutions, feel free to visit this link: Verify and Rebuild Data in QuickBooks Desktop.

Any report generated by QuickBooks Desktop can be customized. You can modify the data, add or delete columns, edit the details in the header and footer, and even change the font and style of the report. Then, if you want the customized report's settings to be available for future use, you may memorize it to save you from having to repeat the process.

Please let me know if you have further questions about managing payments or invoices in QuickBooks Online. I'm always willing to help. Have a wonderful day!

User @TaxCatSC did some liking or wot-wot and this year-old post popped up in my inbox. 

Now that I've been using Advanced mode with this client file for over a year, I have to say there is one feature of the "old" mode that keeps me from changing a few other clients. 

For some reason, when I edit unmatched transactions to assign an account, I can't type more than two digits of the account number before pattern matching fails and QB says: "Error: This is the wrong type for this field...". This is very much unlike "old" mode, when I could type the actual account number, such as 9780 and instantly get `9780 · Travel`--very efficient. And, I could arrow to the next transaction and enter the next account number--also very efficient.

The only efficient way to assign an account in "Advanced mode" is to type the account name. Since the whole P&L is a tree structure, and everything has a parent account, typing "travel" ends on the first match: 9000 · Admin & General Expenses:9775 · Travel & Entertainment rather than going the full distance past this parent label to it's child node: 9000 · Admin & General Expenses:9775 · Travel & Entertainment:9780 · Travel. 

What's more, you can't use the arrow keys to move to the next transaction. Instead the arrow moves to the next account of the selected transaction's account field, which is actually obscured because the form field is too small (too few characters) to display the full account path.