My bank is no longer supporting direct linking to my accounts from QBO.
I have watched the video and read the articles and community posts about how to manually upload bank transactions. That is easy and clear to me how to do from a point of download and uploading.
However the process is very unclear to me about what happens after the file is imported. The instructions are not clear at all in my view.
When I linked to my accounts I could update the bank accounts several times a day and often QBO would do it on it's own. This worked perfectly. I assume QBO just ignored transactions it already had.
But here is my question. Suppose I download transactions for June 2 at 09:00am and there is one entry for interest for say $150. I upload this this into QBO and add it to my interest earned account. No problem so far.
But when at say 3:30pm I download June 2 entries again I get the $150 interest entry again along with say two deposits for invoice payments. (You can only download by day and not day and time). When I Upload the file again, will the $150 interest amount appear again to be reconciled or will QBO just ignore this entry since it has already been reconciled? If it doesn't ignore the entry, is there a way to delete this entry?
My bank support QBO file downloads. Would that file format provide a better process for match existing transactions and only look at new transactions?
