Banking
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We are trying to download transactions into Quickbooks UK Desktop from a UK HSBC Business Account.I have read ALL the instructions available, nothing works.I have been told by Quickbooks support that UK Desktop no longer supports Direct Connect bank feeds so have to use Web Connect by downloading a statement. Direct connect now only works with Quickbooks online version. Although the Quickbooks help file says it accepts a .QBO or .OFX web connect file, it will now only let me select a QBO file.HSBC UK will ONLY let me download transactions as a .OFX file, no QBO is available.Can I assume Quickbooks desktop can no longer import transactions from one of the biggest (if not THE biggest) UK bank?I have tried a few on the 3rd party OFX to QBO converters, nothing works, it fails when it tries to verify with the bank although when I go through the 'set up banking feed' process in Quickbooks it seems to connect OK, then tells me to download the transactions which seems to be impossib
Hi, I have some sponsors who are contributing money every month to a private registered company in return for updates and postings on a Patreon page that belongs to the company. I have made the first payment now from Patreon into a Paypal account, which is also registered in the company name. I created a new bank account in Quickbooks to represent this Paypal account. I'm not sure how to proceed recording this transaction. Can someone please link me an article or tutorial that explains how you would describe Patreon income, or briefly summarise it here? I'm not an accountant, so the simplest possible solution/explanation would be appreciated. Thanks!
