Notes Payable

Thanks for joining the Community and getting involved with this thread, slwalton.

After downloading your latest transactions from the account, you can begin reviewing and categorizing your downloaded transactions from the For review tab.

Here's how to match a downloaded transaction with an existing transaction record:
 

1. Find a downloaded transaction that says Match in its Action column.
2. Take note of its Date, Description, Payee, and amount spent or received.
3. Click your downloaded transaction to expand its view.
4. Review the Matching records found. These are possible matching records you've already entered in your books.
5. Hit the link next to each match to view more details.
6. Confirm you've found your correct match. In particular, review the Deposit to, Payment method, and Bank account fields on forms for your existing transaction.
7. If you've located the correct match, close your open transaction.
8. Select Match.

If you don't see a match for some transactions, there's a number of reasons why this can occur:
 

• The amounts don't match.
• Their payees don't match.
• The payment has been reconciled.
• The transaction is already matched to something else.
• The dates don't match or aren't close enough to eachother.
• The bank account on your payment isn't the same as your bank where the match is located.
• The transaction is older than 6 months. If this occurs, you can still find a match by using your Find match option.
• There's a multicurrency issue with your exchange rates, or the transaction doesn't pass through your home currency at some point.

You can also categorize and match transactions in other ways.

I've additionally included a couple detailed resources about working with loans and journal entries which may come in handy moving forward: 
 

• Set up & manage loans
• Create journal entries

Please feel welcome to send a reply if there's any additional questions. Have a lovely day!