quickbooks import credit card transactions 2016

As of Date: This is the ending date on the credit statement.For example, if you start using QuickBooks as of June 1, enter the ending balance on your May credit card statement. TIP: The credit card statement that you use is determined by the date that you start using QuickBooks. Balance: To successfully reconcile your credit card accounts, you need to indicate the ending balance on your credit card statement in this field.TIP: It’s important to include a brief description in this field so anyone using QuickBooks will know what types of transactions are recorded to the account. Description: In this field, you can either enter the same information you entered in the name field or a more detailed description of the account.TIP: Including the name and last four digits of the card number allows you to easily tell one credit card account from another if you have more than one business credit card connected to QuickBooks. Name: Enter the name of your credit card and the last four digits of the account number in this field.

Use this information to confirm that you have selected the correct account type. Account details: This field includes a brief description of what accounts fall into the account type you selected.Detail type: This field automatically populates based on the account type selected.In this example, it would be “credit card.” Account type: Select the type of account you are downloading transactions for.Brief descriptions of the information required for the new credit card account are below:

Quickbooks import credit card transactions 2016