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May 8, 2023
Question

How do I connect my Monzo business account

  • May 8, 2023
  • 1 reply
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1 reply

May 8, 2023

We're delighted to see you posting here in the Community. I've got information and steps to help you connect your Monzo business account to QuickBooks Online (QBO).

 

When connecting Monzo business accounts to QBO, you'll need to ensure your bank supports Open Banking regulations. Doing so will help us link your accounts and credit cards for a complete, real-time of all your finances and cash flows. You can visit this article for more information: Understanding if you can connect your bank feeds to Open Banking.

 

Once done, here's how to connect your Monzo banking account:

 

  1. Go to Bookkeeping and select Transactions. Then, click Bank transactions.
  2. If this is the first bank account you’ve set up, select Connect account. Or select Link account if you already created one.
  3. Search for your bank. You can connect with most banks, even small credit unions.
  4. Sign into your bank by entering your banking username and password. Then select Continue.
  5. Read through the terms and conditions, select Agree, then follow the on-screen steps to connect. Your bank may require additional security checks.
  6. Select any accounts you want to connect, like, your savings, checking or credit card. Then choose the matching account type from your chart of accounts in QuickBooks.

 

For further steps and detailed information, please refer to this article:   Connect bank and credit card accounts to QuickBooks Online

 

However, if your bank account isn't supported yet, you'll have to import bank transactions manually to QuickBooks Online.

 

Moreover, I'm sharing this relevant reference to guide you in reviewing and tracking your business finances and other financial reports: Run reports in QuickBooks Online.

 

We'll always be around whenever you need additional assistance connecting your bank to QuickBooks. Please don't hesitate to reply in the comments below. Have a good one!