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Other Questions
Thank you for following up with us, @PARKSG. It's my priority to help you with setting up your bank account in QuickBooks Online (QBO) Singapore.
Yes, Cash and cash equivalents account type in QBO Singapore is the same as the Bank account type in QBO US. Therefore, you can use this type when adding your bank account to QuickBooks.
To learn more about handling your accounts in QBO, you can open these articles:
- Add an account to your chart of accounts in QuickBooks Online
- Learn about account detail types on the chart of accounts
Aside from adding an account through the Chart of Accounts, you can also connect one from the Banking page. Once connected, the system will automatically download your recent bank transactions. Once downloaded, here's how you can review them: Categorise and match online bank transactions in QuickBooks Online.
If you have any other follow-up questions about adding your bank account to QuickBooks, let me know by adding a comment below. I'm more than happy to help. Keep safe!