Getting the Most out of QuickBooks

When you download transactions from your bank, it's important to sort them into the right accounts. Bank rules can streamline the process and help QuickBooks automatically categorize transactions for you, making it much quicker and smoother. The more you use them, the better QuickBooks gets at recognizing transactions and adding important details like payees!

 

Take a look at how you can go about setting this up! 

 

QuickBooks automatically applies your rules to transactions in the For review tab. These are the ones you need to review every day. 

 

Quick Tips: 

• To quickly add a rule for a transaction in the For Review tab, select a transaction and click "Create a rule" to open the Rule Window.
• You can Copy, Disable/Enable, or Delete bank rules from the Actions▼ dropdown on the Rules page

 

Once you set up an auto-add rule, all transactions on the For Review tab that match the conditions will be automatically added for you. Auto-add rules take effect when you sign in, upload a file, or create or modify a new auto-add rule.

 

Set up bank rules to categorize online banking transactions in QuickBooks Online