Thanks for joining us, @DecaturInvestor.
I'll walk you through the steps on how to record your vendor payments. If the payment transactions were downloaded on the banking page, you'll want to match them with your QuickBooks transactions. Match means QuickBooks matched the downloaded transaction with the one you already entered. This links them together so you don't get duplicates.
Here's how to do it:
- Find a downloaded transaction with the Match option in the Action column.
- Select the downloaded transaction to expand the view.
- Review the Matching records found in QuickBooks. Then, choose the link next to each match to get more details.
- Make sure this is the correct match. In particular, review the Deposit to, Payment method, and Bank account fields on forms for the existing transaction in QuickBooks.
- If this is the correct match, close the open transaction.
- Click Match.
Want more details? Check out this guide: Categorize and match online bank transactions in QuickBooks Online.
Once you're ready, you can proceed with the reconciliation of your account. Refer to this article for the step-by-step instruction: Reconcile an account in QuickBooks Online.
Drop your reply anytime if you still have questions or concerns about vendor payments. I'll be here for you. Have a great day.
