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Intuit

Matching bill payments using a clearing account

Learn how to match bill payments using a Bill.com Bill Pay clearing account.

If you activated Online Bill Pay before March 31, 2017 you have a Clearing Account to "match" batch withdrawals to your individual bill payments. In this article, we'll show you how to do this.

If you activated Bill Pay after March 31, 2017 then you don't have a Clearing Account and should try Matching downloaded transactions to existing QuickBooks Online transactions.

With the Bill.com Clearing account, you'll only be able to match the batch withdrawal transactions downloaded from your bank to the journal entries created to clear out the Bill.com Money Out Clearing account.

To view each individual bill payment:

  1. From the left menu, select Accounting and choose Chart of Accounts.
  2. From the Chart of Accounts, find Bill.com Money Out Clearing, then choose View Register in the Action column to see the list of transactions.

For more information, see Matching downloaded transactions to existing QuickBooks Online transactions.

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