I want to ensure this is taken care of @nolabookkeeper.
If you've run payroll in QuickBooks Online (QBO), make sure to not create any expenses. If the wages of the employee show up on the Banking page, do a Find Match and look for the employees' paychecks.
To make a match, QuickBooks looks at the following:
- Check numbers: If these match, the transactions may match.
- Amounts: If the amounts are the same, the transactions may match.
- Dates: If the transaction was recorded in QuickBooks within a few days of it clearing the bank, the transactions may match.
- Payees: If the payees are the same or if the payee in the downloaded transaction has a renaming rule to a name in QuickBooks, the transactions may match.
To check the transactions under the register:
- Go to the Accounting menu.
- Select Chart of Accounts.
- Choose the specific bank, and then click View register.
- From the Banking page, click the Find match radio button.
I've added these articles for some tips when matching transactions in QBO:
Don't hold your back to drop a comment below if you have other questions. I'm always here to help. Take care!
