I appreciate you for reaching out to the Community for assistance, Carlos. I’m here to provide information to you.
Before you connect to Online Banking, you need to know first how your bank sends the downloaded transactions.
If all the transactions are posted to one account, I recommend connecting only the parent account with your QuickBooks. But if the transactions are downloaded to their respective accounts, you'll want to connect the subaccounts instead.
You can use this guide to learn more about parent and subaccount setup: Bank or credit card subaccount setup.
Moreover, you can use this information to reconcile an account in QuickBooks. This confirms that the company’s financial records correspond to the amount that has been spent. And both are balanced at the end of the reporting period.
If you need more help with managing your accounts, please don’t hesitate to tap the Reply button below. I’m always here to help. Take care!
