Hello there, schmidtfs.
Yes, you're correct. The system will download the Chase transactions once connected to QuickBooks Online.
Chase bank has a different way of connecting to QuickBooks Online. You'll have to log in to your Chase account and activate the direct connect option. I'd recommend reaching out to the Chase support team so you'll be guided on the process.
Another way to bring your Chase transactions is through a CSV file. The items will not be downloaded automatically, though. Instead, you'll have to import them manually.
I've added this reference as your guide: Manually upload transactions.
Afterward, you can categorize the items to ensure they're listed on their correct accounts:
Leave a reply if you need help about categorization. I'll respond to you the soonest.
