I understand your situation and the challenges you're facing with your business, Chad. I'm here to guide you in cleaning up messy books and categorizing transactions accurately.
When reconciling transactions, you can refer to bank statements for the period you want to reconcile. This includes the credit card accounts with a mid-month statement cutoff date. Then, we can compare the transactions on your bank statement recorded in your QuickBooks Online (QBO) account.
In QBO, you have the option to import transactions manually. It's important to ensure that you use the appropriate file format for importing your transactions. However, you'll still need to manually tag and categorize the transactions.
If there are duplicates of the imported data, you can go back to the banking section and undo the duplicates. This will exclude them from being added to the register.
Here's how:
- Go to the Banking or Transactions menu and select Banking.
- Locate the tile and proceed to the Categorized tab.
- Find the transactions and click Undo.
If you need to remove these transactions, we can Exclude them by ticking the corresponding boxes from the For Review tab. When doing the reconciliation, I suggest referring to the bank statement and reaching out to the bank to obtain the file for reference while making the corrections.
I've added a link you can check out that provides answers to frequently asked questions about importing data in QBO. It includes an explanation of what types of data can be imported into QBO: Common questions about importing data to QuickBooks Online.
Also, here are some helpful resources to learn more about correcting issues when reconciling QuickBooks accounts, and viewing details for missing reconciled transactions or reports in QuickBooks Online.
Feel free to post a reply at any time if you have further clarification on importing your transaction. I'll keep an eye on this thread. Have a good one!
