Hello, @KMK3. We appreciate you chiming in on the thread with your concern about the interest of your bank in QuickBooks Online (QBO). It's our pleasure to share additional information that clarifies your issue.
As my colleague ReaM shared, if you don't have the Interest earned option on your reconciliation page, it is due to your bank account already connected to Online banking.
If you don't have the option to record it there, we can still record it by creating a new interest account and choosing a Bank deposit to post the amount.
To create an account:
- Go to the Accounting tab on the left side.
- Select the Chart of Accounts, then hit New.
- Below the Account Type column, select Other Income.
- In the Detailed Type drop-down, choose Interest Earned.
- Enter a specific name in the box.
- Then tap Save and close.
After that, let's create a bank deposit to post the amount. See the steps below:
- Click on the +New button.
- Choose Bank Deposit.
- On the deposit page, select the account you've created.
- Enter the amount.
- Then hit Save and close.
Please check out this article for reference: Record and make bank deposits in QuickBooks Online.
We'll be including these articles for future reference in managing your accounts in QuickBooks:
We're always here for you if you have any other QuickBooks-related concerns. Have a fruitful business, and take care always, @KMK3!
