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bennew11
May 18, 2022
Question

BOA credit card download. need help

  • May 18, 2022
  • 1 reply
  • 0 views

I have a bank of america credit card that has two accounts. one for payments and the other for charges. I set up the accounts for download by making a head account and then i made both accounts (i.e. the payments account and the charge account) as subaccount. when i go online the payment account shows all the payments and the charge account shows all the charges. 

 

i feel like the payment account should offset the charge account but this is not the case.

 

i think that i set up the accounts the wrong way. now i have hundreds of transactions.

 

i did not some research and found one possible way to do this right would be to make only the charge account the subaccount and the payment account the "head" account and manually enter all payments so that the head account would offset all charges. 

 

how can i fix this considering that i have already downloaded hundreds of transactions?

 

it looks like:

BOA credit card parent account 0

BOA corporate credit card 19,000

BOA Corp aacount -14,000

Total Credit Cards 5000

 

thanks

1 reply

S
SarahannC
May 18, 2022

Hello there, bennew11.

 

QuickBooks depends on the transactions and that are shared with us with your bank. With that, you'll have to know how your bank sends the downloaded transactions before connecting to Online Banking.

 

You'll have to connect only the parent account if the transactions are downloaded to one account. Then, link the subaccounts rather than the parent account if the transactions are downloaded to separate accounts.

 

For more details, you can check out these articles:

 

 

Visit again if you still need help with your accounts and transactions. Take care and stay safe.

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