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Level 1

I need to enter data for 2019 to file that years taxes, once I connected to my bank it started this years data. How do I start entries for a previous year?

 
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QuickBooks Team

I need to enter data for 2019 to file that years taxes, once I connected to my bank it started this years data. How do I start entries for a previous year?

Hi there, deloresstephensn.

 

When you first connect your banks and credit cards, QuickBooks Self-Employed downloads the 30 to 90 days of transactions. Every time you sign in, QuickBooks automatically downloads new transactions from your connected accounts.

 

I'd suggest exporting the transactions from your bank and then import them into QuickBooks using your laptop or desktop. This way, you'll be able to add/enter transactions that are older than the ones QuickBooks originally downloaded including entries for a previous year.

 

First, get the date range. Before you prepare transactions from your bank, check which ones are already in QuickBooks to avoid duplicates entries.

 

Here's how to get a date range:

 

  1. From QuickBooks Self-Employed, go to Transactions.
  2. From the Account: All drop-down menu, select the account you plan to upload transactions into.
  3. From the Date drop-down menu, choose All.
  4. Select the Date column header to sort the list by date.
  5. Take note of the oldest transaction date in the account.

 

Next, export the transactions from your bank. Please follow the steps below.

 

  1. Sign in to your bank’s website.
  2. Follow your bank’s steps to download your transactions as a CSV file. This is usually a button or link on your account page.
  3. Set the date range for at least one day before the oldest transaction in the account in QuickBooks.
  4. Follow any on-screen directions to finish the download.

 

After that, you can now import your old transactions. You can click this article to see the steps and additional information on how to finish the process: Add older transactions to QuickBooks Self-Employed.

 

You can also open this article to view a general guide for self-employed individuals, freelancers, and independent contractors to help you prepare to file your taxes: QuickBooks Self-Employed annual tax guide.

 

Please refer to this article to see information on how QBSE is designed to help you record your self-employed income and expenses, track mileage, and prepare your Schedule C: QuickBooks Self-Employed Overview.

 

Please know that you're always welcome to post if you have any other concerns. I'm always here to help. Have a good day!

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