Your idea is important to us, @TGT75.
Having the system pick up the first few letters is a beneficial way bank feed transactions can easily recognize the payee automatically. While this QuickBooks built-in functionality to familiarize transactions efficiently is unavailable, I suggest sending feedback.
This way, our product developers will know that this is crucial to your business. In addition, there's a chance that we can optimize your QuickBooks experience moving forward. You might want to track system feedback through this link.
In the meantime, you can also review this article about how to set bank feed conditions to automatically categorize transactions: Set up bank rules to categorize online banking transactions in QuickBooks Online.
I'm always delighted to assist you if you have other QuickBooks concerns. Keep well.
