Let me provide some information about categorizing and matching the bank transactions in QuickBooks Online (QBO), JoeOps.
When downloading the bank transactions, we can either categorize them first so they go into the right accounts in the Banking page and match the data in QBO. QuickBooks matched the entries with the one you already entered and links them together to avoid duplicates. We can also match them first and categorize the transactions in the Chart of Accounts page once you add them to the register. Here's an article you can refer to for more details about categorizing and matching online bank transactions in your account.
If you need to automatically categorize transactions from your bank, we can set up bank rules. QuickBooks automatically applies your rules to transactions in the For Review tab. These are the bank data you need to review every day.
On the other hand, we can follow Gusto's recommendation by crediting the checking account in the payroll journal entry. If there's any discrepancy, we can reconcile them to keep your records accurate. You can also consult your accountant for the best way on how to handle the transactions from Gusto payroll into QBO.
Feel free to browse this link here if you need help with managing your bank feeds and reconciling accounts. It'll route you to our general bank topics with articles.
The Community always has your back, and I'm just a post away should you ever need anything. Just leave a comment below and I'll get back to you. Have a great day ahead.
