Banking Center in QBO

Learning Objectives

• To know how to Connect your bank accounts and credit cards to your QuickBooks Online.
• To discuss how to import new transactions as they clear the bank.
• To analyze the artificial intelligence behind automation.
• To know how to Customize the banking feed’s Options
• To discuss matching and pairing existing transactions as they clear the bank.
• To identify new transactions using the Banking Feed
• To explain how to use the Banking Feed to create transfers and credit card payments
• To examine using Find Match to locate existing transactions
• To create simple and complex Rules
• To identify Using App Transactions to import e-commerce and Amazon transactions
• To review Scanning and uploading receipts
• To know how to use Tags to label transactions
• To reconcile your register to your bank statements

Course Description

Attention, accountants and entrepreneurs! Tired of wasting valuable time on manual data entry in QuickBooks? Consider tying your bank accounts and credit cards together to automatically bring in all of your transactions and categorize them, saving you time and minimizing errors.

Well, you're in luck! This CPE course will teach you how to take advantage of QuickBooks's powerful Banking Feed feature. You'll learn how to add a bank account, import and match transactions, and categorize expenses.

In this Online webinar, we'll look at rules that automatically process routine transactions and assign payee names and categories for you, including splits and classes. We'll talk about brand-new features including App Transaction connections with Square POS and Amazon for Business. We'll even demonstrate three different ways for you to include receipts with every expense. You will also see how to reconcile your accounts at the end of the month, giving you confidence in your reports so you can make informed decisions.

The Banking Feed function has several intriguing idiosyncrasies that you need to be aware of. When used improperly, it increases the likelihood that your income will double, that expenses will be improperly classified, and that you will waste time debugging.

Key topics covered in this course:

• What is the Banking Center?
• Connecting Accounts
• The Banking Feed Interface
• Understand the Artificial Intelligence
• When NOT to Use Banking
• Banking Options
• Categorization Tools
• App Transactions – Amazon & Square
• Creating Rules for Automation
• Tags
• Attaching Receipts
• Using Find Match
• Signs the Banking Feed was Used Incorrectly
• Fixing Incorrect Entries and Duplicate Deposits
• Troubleshooting

Join this CPE webinar on QuickBooks, it gives you the knowledge and skills to manage your bills and bank transactions more efficiently, giving you the extra time you deserve to help your customers and grow your business.

If you want to learn more about QuickBooks, we have customized certificate courses for you: Beginners | Advanced | Comprehensive.

Overview

• The Banking center

  5 mins
• Mapping corporate credit cards

  21 mins
• Artificial intelligence logic

  43 mins
• The find match tool

  59 mins
• Amazon for business

  89 mins
• Prevent duplicates when you automatically add transfers

  109 mins
• Payees are not optional!

  125 mins
• Duplicated income

  136 mins