wanted to see if anyone can help me with this issue.
I do photography and I did mini sessions for easter and the booking app that I use to book and collect final payment use paypal. When I was done with the sessions I transferred over all the money to my business bank account and now it shows on my banking tab but, not sure how to record it on quick books the right way.
it also has the transfer name under my personal name so not sure if that's and issue.
can someone please help?
Hi there, TM_Studio.
Thank you for visiting the QuickBooks Community. I'll be sharing details on how downloaded transactions works in QuickBooks. Then, ensure you can record all of them in the QBO system accurately.
Once you connect your accounts in QuickBooks Online, transactions will download and categorized. The imported data in QBO depends on what your bank shares with us and how they're posted online. All you have to do is approve the entries by adding or matching them in the system. This way, the said transaction will now be directly recorded to QuickBooks and appears on the Bank Register page.
Here's how to add:
Then, you can open this article to see additional details: Categorize and match online bank transactions in QuickBooks Online. This also provides steps on how to perform the matching process.
Lastly, you may refer to this article to view information on how you can reconcile your accounts so they always match your bank and credit card statements: Reconcile an account in QuickBooks Online.
I'm always here to lend a hand if you have more questions about managing your transactions or other QuickBooks concerns. Have a nice day.