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ForestBloom
Level 1

Changing default bank accounts after syncing with etsy

I'm new to QB but already know that it will be beneficial to sync QB with Etsy where I do most of my online sales. However, I'm just in the process of getting the bookkeeping side of my business set up. At the moment, I'm using my personal checking account with Etsy but soon will be setting up a separate bank account for my business.

 

My questions is this... if I sync QB and Etsy now using my personal account can I easily change the default bank account to a new account later? I know I can change the default accounts separately in both QB & Etsy but will I have to sync them all over again? And if so, do I risk duplication of the sales and fees data?

 

Thanks in advance for any insight you can provide,

Elizabeth @ ForestBloom

6 Comments 6
RCV
QuickBooks Team
QuickBooks Team

Changing default bank accounts after syncing with etsy

Allow me to share some information on how Sync with Etsy App works in QuickBooks Online, ForestBloom.

 

When using the Sync with Etsy app QuickBooks creates accounts for your company. This is to ensure that the system knows where to deposit your sales and Etsy charges for your seller fees. I'd suggest keeping the 2 separate bank accounts exactly as they are to ensure the app imports your Etsy transactions accurately. If there are duplicate transactions, we can exclude them from the program. Just follow the steps and details in this article: Exclude a bank transaction you downloaded into QuickBooks Online.

 

Before you set up the Sync with Etsy app for the new account, you can review your Etsy transactions' income and expenses. Learn how you can make adjustments to your books if you notice any so that your accounting stays accurate. If you are ready to connect, follow the steps below:

 

  1. In QBO, select Apps from the left menu.
  2. Select the Find apps tab.
  3. In the Search field, enter “Etsy” and select Sync with Etsy from the list.
  4. Click Get App Now.
  5. Follow the on-screen instructions to set up the app, including these steps:

 

  • Permit Intuit to access your Etsy shop.
  • Select the bank accounts you set up in Step 1 so the app knows where to enter transactions.
  • Select the import start date.

 

 

After you finish setup, the app begins to import your Etsy transactions into QBO. Depending on the number of transactions, it may take a few hours to finish. Lastly, if you choose to import Etsy transactions from the past in the second step, the app may add transactions that you already have in your books. This may cause them to be counted twice in your accounting. For your reference: you can refer to this article: Import transactions from your Etsy shop into QuickBooks Online. This gives you in-depth details on how your transactions are imported in QuickBooks as well as tips for reconciling your Etsy account.

 

Feel free to ask if you need more help with this or have follow-up questions about QuickBooks. I'm always here to help you out. Have a great rest of your day!

ForestBloom
Level 1

Changing default bank accounts after syncing with etsy

Thank you for the detailed response. However, it doesn't seem to address the core issue. 

 

I have December 2023 sales and fees in Etsy that I'd like to bring into QB. I know how to sync the two to make that happen. Unfortunately, I used my personal bank account for these sales and fees in December 2023 so I'd have to use that personal bank account for both Etsy and QB, for December 2023.

 

For January 2024 forward, I have a new separate bank account I want to use for both Etsy and QB. How would I go about changing the default bank account for both Etsy & QB while synced? Or must I de-sync the two, change the default bank account on each separately, and then re-sync them?

ForestBloom
Level 1

Changing default bank accounts after syncing with etsy

Thank you for the detailed response. However, it doesn't seem to address the core issue. 

 

I have December 2023 sales and fees in Etsy that I'd like to bring into QB. I know how to sync the two to make that happen. Unfortunately, I used my personal bank account for these sales and fees in December 2023 so I'd have to use that personal bank account for both Etsy and QB, for December 2023.

 

For January 2024 forward, I have a new separate bank account I want to use for both Etsy and QB. How would I go about changing the default bank account for both Etsy & QB while synced? Or must I de-sync the two, change the default bank account on each separately, and then re-sync them?

Erika_K
QuickBooks Team

Changing default bank accounts after syncing with etsy

Yes, we have to de-sync the two accounts first, ForestBloom. 

 

In QuickBooks Online (QBO), if we want to change our old bank account with the new one, we have to disconnect the previous account to make way for the new one. This way, we can have organized data. 

 

To disconnect your old bank account, we can: 

 

  1. Go to the Bank transactions page. 
  2. Choose the tile for the specific bank account. 
  3. Hit the Pencil icon and Edit account info
  4. Select the Disconnect this account on save checkbox. 
  5. Click Save and Close

 

Then, we can connect your new bank account

 

I'll add this article about reviewing your downloaded bank and credit card data: Categorize online bank transactions in QuickBooks Online

 

Let me know if you have any follow-up questions about syncing your bank accounts in QBO. Stay safe! 

ck55
Level 1

Changing default bank accounts after syncing with etsy

I'm looking for support the Sync With Etsy App. As of 3/19/2025, the Sync With Etsy app has stopped syncing my Etsy shop to my Quickbooks account. It appears that the app has been removed from the Quickbooks App Store. It seems like the Sync With Etsy app disappeared overnight without warning. Thank you for your time and consideration in this matter. Any information you could provide would be greatly appreciated.

EduardA
QuickBooks Team

Changing default bank accounts after syncing with etsy

While the Sync With Etsy app may have been removed without warning our customers, we don't have an update on why this happened, ck55. However, you may want to consider using the Etsy Connector, which you can find in the QuickBooks App store. It would seamlessly connect your Etsy store to QuickBooks.

 

If you still decide to follow up on why the Sync With Etsy app disappeared from the QuickBooks App store, you can reach out to our Intuit Developer support. Let me share the steps on how you can contact them.

 

Here's how:

 

  1. Go to our Intuit Developer's homepage.
  2. Log in to your QuickBooks Online (QBO) account to enable posting questions.
  3. Choose your QuickBooks product.
  4. In the right corner, select Ask Question.
  5. Enter your question in the box. You also have the option to add more details about your concern.
  6. Click Ask to post your question.

 

Once your issue is resolved, you may find these articles helpful:

 

If you need further assistance with any third-party applications available in the QuickBooks App store, please let me know. The Community is always here to provide you with the necessary support.

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