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dorothywslattery
Level 1

How do I record transactions that don't flow through the bank

How do i make a journal entry
2 Comments 2
Lala11
Level 1

How do I record transactions that don't flow through the bank

Top left click new than journal entry

MJoy_D
Moderator

How do I record transactions that don't flow through the bank

I can guide you with adding transactions to your bank, @dorothywslattery.

 

You can go to the bank's register to add either a journal entry, transfer, expense, refund, bill payment, receive payment, sales receipt, deposit, or a check. You can also get transactions from your bank or credit cards and manually import them into QuickBooks Online.

 

Here are the steps to follow if you want to add a journal entry or any other type of transaction through your account register:

 

  1. Go to the Gear icon () and select Chart of accounts.
  2. Find the account register you want to review.
  3. Click on View register from the Actions column.
  4. At the very top of the list, select the Add journal entryAdd check, or Add deposit dropdown menu.
  5. Select Journal Entry or any other type of transaction you want to add.
  6. Provide all the necessary information and click on Save once you're done. 

 

The step provided by Lala11 above is another way of adding a journal entry. Here's more information about creating journal entries in QuickBooks Online. You may want to consult with your accountant about appropriate categories to use to avoid any accounting errors.

 

You can manually add your bank transactions through the WebConnect process. You’ll have to manually download the transactions from the bank. Then, import the file to your account. Here's more information about manually uploading transactions into QuickBooks Online.

 

After adding your transactions, you can now match and categorize those transactions and reconcile them to ensure your books are accurate and there aren't any duplicate transactions:

 

 

Let me know if there’s anything else that I can assist with your bank transactions by leaving a comment below. I'm always willing to help. Have a great day!

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