Question

Bank Feeds

Forum|Forum|2 years ago
June 11, 2024
13 replies
72 views

I used the web download for bank feeds. After clearing everything I can use the link to actual bank account since it would be most recent data. I used the web download file as Bank. How can I use the actual bank link same thing so it's not too confusing

QuickBooks Enterprise Suite

A

AnneMariee

It's nice to see you here in the Community space, nitsujayyy. I'm here to assist you in connecting your bank account to QuickBooks Desktop for a more efficient workflow.

In QuickBooks Desktop (QBDT), there are two ways to set up an account. You can either connect with Direct Connect or Web Connect, depending on what's available at your bank.

Setting up your account with Web Connect includes downloading a file with your company's transactions and then manually importing it to QBDT. On the other hand, Direct Connect is when QuickBooks automatically downloads transactions available from your bank. You'll need your bank credentials to use this method, and I also recommend consulting your bank if there's a fee for the service.

To set up bank feeds with Direct Connect, you can follow these steps:

On the top menu, go to Banking.
Select Bank Feeds.
Click Set up Bank Feeds for an account.
Enter and choose your bank on the field.

If you're enrolling for Direct Connect for the first time, you may need to apply through the Enrollment Site link. You can check out this article for more information: Set up or edit bank accounts for Bank Feeds in QuickBooks Desktop.

For future reference, here's a comprehensive guide on ensuring your QuickBooks accounts match your real-life ones: Reconcile workflow.

Should you have any other banking concerns in QuickBooks, please don't hesitate to leave a comment below. I'm always ready to help you out, nitsujayyy. Keep safe!

N

nitsujayyyAuthor

Question was how do I have the direct bank account linked with the web file i downloaded so that it can use the same chart of accounts.

N

nitsujayyyAuthor

I appreciate your efforts in getting back to me, nitsujayyy. I appreciate your constant participation in this thread. My colleague JamesAndrewM has updated his answer, check out his response above.

Just to add more information, since you have already connected your bank using the Web Connect feature, QuickBooks will only allow one spot for that bank. To change to Direct Connect, you'll need to disconnect the Web Connect and merge the accounts if they've created duplicate registers. After that, you can continue setting up the Direct Connect in your Bank Feed. I'll add an image for visual reference.

Let me know in the comments if you have additional questions about bank management in QuickBooks, nitsujayyy. I'm still willing to lend a hand and provide assistance with every concern you may have. Take care!

So I backtracked a transaction because I want to redo. I try ignoring my remaining transactions disabling bank feed and we import the web file. It still doesn’t show the transaction I register even though I think I backed it out?

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