How to Upload Bank Transactions Into Quickbooks 2014
How to Import Bank Transactions into QuickBooks Desktop?
I mport Bank Transactions into QuickBooks Desktop
Import Bank Statements from Supported File Formats straight into QuickBooks Desktop using SaasAnt Transactions (Desktop) - #1 user rated and Intuit trusted bulk data automation tool built exclusively for QuickBooks.
SaasAnt Transactions (Desktop) supports QuickBooks Pro, Premier, Enterprise, and Auditor Editions.
You can download the free trial of the software directly from the SaasAnt Website. Follow this commodity for detailed installation instruction.
Steps for Importing Bank Transactions to QuickBooks Desktop
Importing with SaasAnt Transaction is a breeze with our simplified and powerful Import wizard. Just follow a simple three pace procedure to majority import your file data to QuickBooks. Y'all tin can easily import bank transactions into QuickBooks desktop from excel.
Click the Import push button in the Dashboard screen or Import selection from the File menu in the menubar to navigate to the File Selection screen of the Import Wizard(Pace 1).
- Stride 1 - File Choice: Select "QuickBooks Transaction Type" as "Bank Argument". "Select Your File" - You tin either click "Browse File" to browse and select the file from the local estimator folder or click "Sample Templates" to navigate to SaasAnt sample file locally.
- Step ii - Mapping:Prepare the mapping of the file columns corresponding to QuickBooks fields. This step will exist automated for yous if yous use the SaasAnt template file. Download Sample Template file.
- Stride 3 - Review & Import: Review your file information in the Review Grid screen and click "Send to QuickBooks" to upload your file data to QuickBooks.
More than detailed instructions on the steps are available in this commodity.
How does it work?
Allow's assume that we take a file which contains following banking concern argument.
| Date | Clarification | Check No | Amount |
| 23/12/18 | Subscription payment | 12123733 | 100 |
| 23/12/xviii | Telephone Neb Payment | 2121221 1 | -900 |
Bank argument has deposits and Expenses.To import Deposits and Expenses (Checks),we need to mention
1. Bank Account
two. Income Accounts
3.Expense Accounts
4.Customer or Vendor Names
Allow's modify the file to add together above details.
| Date | Clarification | Bank check No | Amount | Depository financial institution Account | Account | Payee |
| 23/12/xviii | Subscription payment | 12123733 | 100 | HDFC | Uncatergorized Income Account | John |
| 23/12/18 | Telephone Pecker Payment | 2121221 1 | -900 | HDFC | Telephone Expense Business relationship | Phone Visitor 1 |
Now nosotros tin import this file using SaasAnt Transactions (Desktop).
- If the transaction has POSITIVE Amount, it will be considered as Deposit.
- If the transaction has NEGATIVE Amount, information technology volition exist considered equally Expense/ Check.
If the file has split columns for Credit and Debit, It tin can exist exist directly mapped too.
Bank Argument Line as Deposit
Bank Statement Line as Check
Mapping QuickBooks Fields
| Field Name | Format | Description |
|---|---|---|
| Date * | Date | The appointment when this transaction occurred. |
| Banking concern Account * | Reference Text | Name of the Bank / Cash Account for this transaction. Proper name or Business relationship Number can be given. |
| Cheque Number | Text (Max Length: 11 Characters) | Check Number or Reference number for the transaction. |
| Clarification | Text (Max Length: 4095 Characters) | The Description almost the Expense or Eolith Transaction. |
| Payee * | Reference Text | Reference to Vendor,Employee or Client. Name , Account Number or Custom Field Value tin can be given. |
| Account * | Reference Text | Reference to the Expense Business relationship Name or Income Account Proper name associated with the transaction. Name or Business relationship Number can exist given. |
| Amount * | Decimal | The amount of the transaction. POSITIVE Amount will be considered as Eolith Amount NEGATIVE Corporeality will be considered as Expense/ Bank check |
| Withdrawal * * | Decimal | Expense Amount |
| Deposit * * | Decimal | Sale Income Amount |
| Class | Reference Text | |
| Client | Reference Text | Customer proper name associated with this deposit. |
| Memo | Text (Max Length: 4095 Characters) | |
| Billable Status | Boolean ( True/FALSE) | |
| Currency | Currency Code | 3 Letter Currency Code Ex: USD,EUR |
| Exchange Charge per unit | Decimal | |
All (*) marked fields are mandatory.
Import Settings
A host of powerful customisations for your file data is available with Import Settings. This is available in the Step 3: Review & Import screen or directly under "Edit" Menu in the menubar. Some of the very useful settings for transaction includes:
- Pre-Import Validation: Validate the complete file before importing to QuickBooks. By turning this setting ON, file rows volition be imported merely after cleaning upwardly all the issues in file. This option yet will filibuster the import.
More details nigh the settings related to Automatic creation of Items, Assigning reference number from the file, etc are available in this commodity.
FAQ's
Most of us would have some questions while moving information to your QuickBooks Online. Some of them for your reference below:
- I desire to import Banking company Statement with Check Numbers from File. Is information technology supported?
Yes. It is supported.
- Volition your awarding support Multi Line Transactions?
Yes. It will.
- I made some mistakes in the Import and my QuickBooks reports got corrupted. Is there any way to undo or revert my Import?
It is possible to undo the import completely/ partially with the Delete feature.
- Does your app support taxes?
Yes. It does.
- My file has some specific appointment format. I don't want to alter the file. Will your product support all date formats?
Yes. You lot can select the specific date format equally per your requirement in the import settings.
- Exercise you have any sample templates?
Yes. We do have. Sample Template
- What are the file types supported by your application?
TXT, CSV, XLS, XLSX etc. Supported File Formats
- How practise I report the issues if I am stuck?
Experience free to drop an e-mail to back up@saasant.com
SaasAnt Transactions (Desktop)
Source: https://support.saasant.com/support/solutions/articles/14000096933--how-to-import-bank-transactions-into-quickbooks-desktop-