Create sales receipt from bank feed

Hello,

You are correct. "Currently, the bank feeds can only be categorized as income/expense without being able to create a Sales Receipt for the transaction."

If you need a Sales Receipt so you can send your customer a receipt, create the sales receipt manually and then the downloaded bank feed income can be matched to that sales receipt.

Hello there, @Sam W1.

I'd be glad to help you create a sales receipt to match the amount to your bank feeds in QuickBooks Online.

In the Banking menu, you can only categorize these downloaded bank transactions to the accounts. You'll have to enter a sales receipt transaction in the + New menu. Then, deposit it to your bank. After that, you can match it with the download bank entry. I'll show you how:

1. Navigate to the + New button and select Sales Receipt.
2. Enter the details of the transaction and make sure that the Deposit to information is correct.
3. Select Save and close once done. Here's a screenshot for your additional reference.

Once you're ready to match your transactions in the Banking page, QuickBooks will automatically detect those transactions that have similar details. You can click on it to show the transactions matched. I've added a sample screenshot to see how it looks like.

I've included these articles to show you more information about the process:

• Invoice and Sales Form Basics
• Categorize and match online bank transactions in QuickBooks Online

When you're ready to assess your monthly business finances, you can check out this article: Reconcile an account in QuickBooks Online. This contains a tutorial video and tips on how to adjust reconciliation.

You can always tag my name in the comment section below if you need further assistance or if you have any questions. I'd be happy to guide you through. Have a wonderful day ahead.

Will this process work in Desktop as well?

Thanks for asking us here in this thread, @Drobinson64. You can only create a sales receipt and then match it with the transactions downloaded from your bank feeds. 

Here's how to create a sales receipt:

1. In your QuickBooks Desktop, go to the Customers menu and select Enter Sales Receipts.
2. In the Sales Receipt window, click the drop-down beside the four payment method boxes.
3. Click the Add New Payment Method from the Payment Method window.
4. Enter the Payment Method field, then select the Payment Type from the drop-down.
5. Click OK.

Once done, you can now add and match Bank Feed transactions in QuickBooks Desktop.

For future reference, you can also check out this article to help you track how your business is doing: Customize company and financial reports.  

Get back to us here if you have additional concerns. We'll be here to guide you more. 

So we are expected to manually enter the data on sales receipt even though it exists in bank feed, as if we are in 1980s   Unbelievable this and so many other issues are ignored while we remain burdened with cut/paste and begging for basic functionality available in most every mainstream accounting app available this decade. 

This is not rocket science.  Basic accounting functions incoherent and convoluted by intuit