Banking

Hello, Kyle N.

I understand that uploading files through a spreadsheet can be tedious and time-consuming. However, if you're new to QuickBooks and need access to transactions from the last tax year's bank statement, you may need to manually upload the transaction data into QuickBooks. This involves entering each transaction into QuickBooks one by one, including the date, amount, description, and account information. It's a critical process that ensures accurate accounting records and can help avoid errors or discrepancies. 
 

To import transactions into QuickBooks Self-Employed, you'll first need to export them from your bank. This typically involves logging into your bank account, selecting the period you want to export transactions, and downloading the file in the required format. 
 

Once you have the exported file, you can manually import it into the QuickBooks Self-Employed platform. To do this, log into your QuickBooks Self-Employed account and navigate to the Gear icon. Click the Import Transactions button and select the file you downloaded from your bank.   

QuickBooks Self-Employed will then analyze the file and match the transactions to the appropriate categories in your account. You may need to review and edit the transactions to ensure they are accurately categorized. For more details, please see this article: Categorise Transactions in QuickBooks Self-Employed.

Moreover, I'm adding this guide to help you ensure transactions are accurately allocated in the correct category: Schedule C and expense categories in QuickBooks Self-Employed.

Let me know if you have other concerns about uploading transactions in QBSE. I'm always here to help. Take care, and I wish you continued success.