Unofficial QuickBooks Accountants Podcast

Matching Bank Transactions


Listen Later

This podcast episode discusses the match tool in QuickBooks Online's banking feed feature. Hector and Alicia, explain how the match tool works, its benefits for saving time, and potential pitfalls when using it incorrectly. They delve into best practices for handling deposits, payments, and transfers, emphasizing the importance of maintaining accurate records for auditing purposes. The episode also covers recent updates to the feature, including paired transfers, and touches on how third-party apps like RightTool can enhance QuickBooks functionality.

Sponsors
Zoho Expense - https://uqb.promo/zohoexpense
Melio - https://uqb.promo/melio
Lendflow - https://uqb.promo/lendflow


  • (00:00) - Welcome to the Unofficial Quickbooks Accountants Podcast
  • (02:37) - Understanding the Banking Feeds
  • (03:25) - The Love-Hate Relationship with Matching Bank Feeds
  • (04:18) - How the Match Tool Works
  • (05:39) - Advanced Matching Explained
  • (07:04) - Handling Deposits and Payments
  • (09:23) - Challenges with Matching and Reconciliation
  • (20:43) - Date Ranges and Matching
  • (27:13) - Resolve Differences Feature
  • (33:15) - Paired Transfers and Their Benefits
  • (41:10) - Final Thoughts and Upcoming Classes

  • Send your Questions/Comments (we could read/answer them on air) [email protected]

    Links/Apps Mentioned in this episode:
    • Alicia's article on QuickBooks Expert Assisted Bookkeeping - https://royalwise.com/alicias-thoughts-about-qb-expert-assisted-bookkeeping/
    • Hector's App - RightTool www.righttool.app
    • Alicia's Training - RoyalWise http://royl.ws/uqapodcast
    • Alicia’s QBO Products, Services, and Inventory Course - http://royl.ws/qbo-Inventory
    • QuickBooks Connect Conference www.quickbooksconnect.com
    • QuickBooks Tricky Situations: http://royl.ws/QBOtricks
    • Next-Level Accounting: http://royl.ws/NextLevelAccounting
    • Check out Alicia’s step-by-step QBO Textbooks at http://www.questivaconsultants.com
    • The Comprehensive Guide to Converting from QuickBooks® Desktop (QBDT®) to QuickBooks® Online (QBO®) https://www.amazon.com/dp/B0D8L29Z5L
    • QuickBooks Online: From Setup to Tax Time https://www.amazon.com/dp/B0CXZB1R95


    Sign up to Earmark to earn free CPE for listening to this podcast

    https://www.earmark.app/onboarding

    Download the Earmark CPE App

    Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
    Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app

    ...more
    View all episodesView all episodes
    Download on the App Store

    Unofficial QuickBooks Accountants PodcastBy Alicia Katz Pollock, MAT

    • 4.9
    • 4.9
    • 4.9
    • 4.9
    • 4.9

    4.9

    42 ratings


    More shows like Unofficial QuickBooks Accountants Podcast

    View all
    Afford Anything by Paula Pant | Cumulus Podcast Network

    Afford Anything

    3,543 Listeners

    The Stacking Benjamins Show by StackingBenjamins.com | Cumulus Podcast Network

    The Stacking Benjamins Show

    1,989 Listeners

    Main Street Business by Mark J Kohler and Mat Sorensen

    Main Street Business

    587 Listeners

    Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

    Your Money, Your Wealth

    803 Listeners

    Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

    Retirement Answer Man

    1,323 Listeners

    Ramsey Everyday Millionaires by Ramsey Network

    Ramsey Everyday Millionaires

    3,679 Listeners

    The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

    The Retirement and IRA Show

    746 Listeners

    Big Picture Retirement® by Devin Carroll, CFP® & John Ross, JD

    Big Picture Retirement®

    533 Listeners

    The Accounting Podcast by Blake Oliver & David Leary

    The Accounting Podcast

    335 Listeners

    Small Business Tax Savings Podcast by Mike Jesowshek, CPA

    Small Business Tax Savings Podcast

    253 Listeners

    The Long View by Morningstar

    The Long View

    905 Listeners

    QB Power Hour Podcast by Dan DeLong & Matthew Fulton

    QB Power Hour Podcast

    5 Listeners

    Ready For Retirement by James Conole, CFP®

    Ready For Retirement

    804 Listeners

    Earmark Podcast | Earn Free Accounting CPE by Blake Oliver, CPA

    Earmark Podcast | Earn Free Accounting CPE

    27 Listeners

    UnAccountable! by UnAccountable

    UnAccountable!

    28 Listeners