Consistency with Credit Card Payments vs. Interest vs. Statements

Hello there, jbonano.

I've got steps to ensure you can smoothly keep track of credit card payments and interest in the QuickBooks Online.

Please know that QuickBooks will automatically match your transactions once it detects entries with similar amounts and details. Since you already manually recorded transactions within QBO, you'll have to edit the amount or details of this entries. This is done to ensure that the amount is the same as the downloaded or transferred transaction on your bank statement.

Once done, you can now match the transactions. This links them together so you don't get duplicates and keep track of credit card payments/interest efficiently.

Here's how:

1. Go to Transactions and select Bank transactions.
2. Choose the tile for the account you want to review.
3. Go to the For Review tab.
4. Locate the transaction and click the Match link.

You can refer to this article for additional information: Match online bank transactions in QuickBooks Online.

In case you need steps on how to reconcile your accounts to avoid duplicate data on your end, you can read this article: Reconcile an account in QuickBooks Online.

Stay in touch if you still have other concerns or questions about tracking CC payments and interest in QuickBooks. I’ll get back to help and make sure you're taken care of, jbonano. Wishing you and your business continued success.

Yeah, these seem to be steps I typically take already. The challenge is the bank sometimes says one thing when I go to match and then their statements say something different. Other times it's fine. I'm more looking for pointers from people who encounter this bizarre issue as well and how they combat that to make the process run more smoothly when they track transactions and/or reconcile. Or is this just something that will forever provide job security as a bookkeeper and I'll always be kept on my toes and have to keep an eye on and fix as it happens.