Do you need your bank statement to check the details but you are not able to download it? QuickBooks is very advanced accounting software but sometimes you may face issues while using it. Errors while Downloading The Bank Statement To QuickBooks is one such issue. Here, we will discuss the various ways to download bank statement to QuickBooks. For more information, you can contact QuickBooks Support Phone Number +1888-380-2717.
Remember, Before You Start Downloading Transactions
There are a few things that you need to check before you start downloading transactions. Those things are mentioned below:
- Take a QuickBooks Company File Backup before you download transactions so that you always start over if required.
- QFX and QIF files cannot be imported into QuickBooks Desktop as they are Quicken financial data files. There are third-party applications available at Intuit Marketplace which can do it. You can take their help.
- As of now, only Web Connect files (.QBO) can be imported into QuickBooks Desktop.
- You cannot download transactions more than once in the same company file. But your financial institution can send the transaction from their end so that you can download it again. You need to check with your banking institution of you need to download the transaction again on your system.
How Can You Download Bank Statements To QuickBooks?
There are two methods by which you can download transactions.
Method 1: Direct Connect
When you download the financial transactions for the first time, QuickBooks will download the maximum transactions. In this case, you need to check the new transactions and then delete the remaining transactions. You cannot download previous bank transactions by this method. You cannot download the statement more than once. This way it avoids duplicate entries. You can download and send a financial statement by Direct Connect method as the following way:
- Open QuickBooks and then click on the Banking
- Click Bank Feeds and then click Banking Center.
- Select the account you need to connect from the Bank Accounts list.
- Click on Download Transactions if you are ready to send and receive transactions.
- Click on Synchronize then select Sync this account (for a particular account) or Sync all for this Bank (for all accounts for the same bank) to update all incoming and outgoing transactions.
- Enter your PIN or password In the Access to [FI name] dialog box that appears on the screen
- Click OK.
This way you can download a statement through Direct Connect method. For any assistance contact QuickBooks Support Number +1888-380-2717 to get assistance from our technicians.
Method 2: Web Connect
Some banks give you the option to select the time period of transactions for download. If your financial institution does not give this facility then you will get the maximum number of transactions downloads the first time you download. It could be of 1 month or 2 months or even more. QuickBooks Web Connect file (.QBO) is required in order to download the transaction from the bank. If you cannot find the QuickBooks Web Connect file (.QBO) from your bank then you need to contact your bank. There are two methods by which you can download transactions by Web Connect method:
- Outside QuickBooks, Open your bank’s official website.
- Log in to your bank account using the correct credential i.e. Login ID & Password.
- Now download your online transaction via QuickBooks Web Connect (.QBO) file.
- Next, Import the web connect (.qbo) files.
- Open your bank’s official website within QuickBooks.
- Go to the Bank Feeds center, click the appropriate bank.
- Click Download Transactions.
- Your bank website will open in QuickBooks browser window.
- Now Use your customer ID and PIN or password to login your bank account and download your transactions.
Reach For Technical Support
Now you can easily download your financial transactions to QuickBooks. If any technical assistance is required then you can contact QuickBooks Tech Support Number +1888-380-2717 to talk to our technical advisors. Our experts who have many years of experience are thorough with the functionality of QuickBooks. They are able to fix any type of QuickBooks issues in quick time. There is an alternate way of QuickBooks Live Chat Support where you can get in touch with our advisors via chat. You can contact us 24×7 throughout the year for any type of QuickBooks assistance. They will happily and dedicatedly support you to fix QuickBooks issues in no time.