Does the "bank rule" set each repetative transaction to the same money amount each month? or is it just a remembering thing?

It's great to see you here in the Community!

Allow me to shed some light on how bank rules work in QuickBooks Online.

Bank rules allow you to automatically categorize transactions depending on how you've set them up. You can set a rule to set repetitive transactions to be under a specific category. Similarly, a bank rule automatically adds or matches bank transactions in your QuickBooks bank register.

Here's how to set one up:

1. Click the Gear icon. Then, select Rules under the Lists column.
2. Click New rule.
3. Enter a name in the What do you want to call this rule? field.
4. From the Apply this to transactions that are dropdown, choose Money in or Money out.
5. From the in dropdown, pick a bank or credit card account, or select All bank accounts.
6. Set the rule conditions. You can set a single rule with up to 5 conditions. Set and include the following, then click + Add a condition.
7. In the Conditions fields, specify whether the rule applies to Description, Bank text, or Amount. Then select Contains, Doesn't contain, or Is exactly to decide how QuickBooks applies the rules.
8. Select the settings for the rule. Select the Transaction type, Category, Tags, and the Payee to apply.
9. Hit Save.

QuickBooks will automatically apply rules to transactions that appear in the For Review tab. To change the priority of your bank rules, select the reorder icon and drag the rule to the desired position. Remember that the rule with the highest priority will always be applied first.

However, if you were referring to creating repetitive transactions with the same amount each month, you can make recurring transactions. I'll guide you on how.

1. Click the Gear icon. Then, select Recurring transactions under the Lists column.
2. Click New.
3. Choose the type of transaction to create. Then, hit OK.
4. Enter a Template name.
5. Select a type.
6. Complete the fields. Then, press Save template.

I'll leave these articles for more information about the features I've talked about above:

• Set up bank rules to categorize online banking transactions 
• Create recurring transactions in QuickBooks Online

For future use, here's a helpful guide on ensuring your QuickBooks accounts match your real-life bank statements: Learn the reconcile workflow in QuickBooks.

If you have any further questions or need more assistance setting up bank rules or creating recurring transactions, feel free to get in touch with us. Our team is always here to provide support whenever you need it.

It's great to see you here in the Community!

Allow me to shed some light on how bank rules work in QuickBooks Online.

Bank rules allow you to automatically categorize transactions depending on how you've set them up. You can set a rule to set repetitive transactions to be under a specific category. Similarly, a bank rule automatically adds or matches bank transactions in your QuickBooks bank register.

Here's how to set one up:

1. Click the Gear icon. Then, select Rules under the Lists column.
2. Click New rule.
3. Enter a name in the What do you want to call this rule? field.
4. From the Apply this to transactions that are dropdown, choose Money in or Money out.
5. From the in dropdown, pick a bank or credit card account, or select All bank accounts.
6. Set the rule conditions. You can set a single rule with up to 5 conditions. Set and include the following, then click + Add a condition.
7. In the Conditions fields, specify whether the rule applies to Description, Bank text, or Amount. Then select Contains, Doesn't contain, or Is exactly to decide how QuickBooks applies the rules.
8. Select the settings for the rule. Select the Transaction type, Category, Tags, and the Payee to apply.
9. Hit Save.

QuickBooks will automatically apply rules to transactions that appear in the For Review tab. To change the priority of your bank rules, select the reorder icon and drag the rule to the desired position. Remember that the rule with the highest priority will always be applied first.

However, if you were referring to creating repetitive transactions with the same amount each month, you can make recurring transactions. I'll guide you on how.

1. Click the Gear icon. Then, select Recurring transactions under the Lists column.
2. Click New.
3. Choose the type of transaction to create. Then, hit OK.
4. Enter a Template name.
5. Select a type.
6. Complete the fields. Then, press Save template.

I'll leave these articles for more information about the features I've talked about above:

• Set up bank rules to categorize online banking transactions 
• Create recurring transactions in QuickBooks Online

For future use, here's a helpful guide on ensuring your QuickBooks accounts match your real-life bank statements: Learn the reconcile workflow in QuickBooks.

If you have any further questions or need more assistance setting up bank rules or creating recurring transactions, feel free to get in touch with us. Our team is always here to provide support whenever you need it.

It's great to see you here in the Community!

Allow me to shed some light on how bank rules work in QuickBooks Online.

Bank rules allow you to automatically categorize transactions depending on how you've set them up. You can set a rule to set repetitive transactions to be under a specific category. Similarly, a bank rule automatically adds or matches bank transactions in your QuickBooks bank register.

Here's how to set one up:

1. Click the Gear icon. Then, select Rules under the Lists column.
2. Click New rule.
3. Enter a name in the What do you want to call this rule? field.
4. From the Apply this to transactions that are dropdown, choose Money in or Money out.
5. From the in dropdown, pick a bank or credit card account, or select All bank accounts.
6. Set the rule conditions. You can set a single rule with up to 5 conditions. Set and include the following, then click + Add a condition.
7. In the Conditions fields, specify whether the rule applies to Description, Bank text, or Amount. Then select Contains, Doesn't contain, or Is exactly to decide how QuickBooks applies the rules.
8. Select the settings for the rule. Select the Transaction type, Category, Tags, and the Payee to apply.
9. Hit Save.

QuickBooks will automatically apply rules to transactions that appear in the For Review tab. To change the priority of your bank rules, select the reorder icon and drag the rule to the desired position. Remember that the rule with the highest priority will always be applied first.

However, if you were referring to creating repetitive transactions with the same amount each month, you can make recurring transactions. I'll guide you on how.

1. Click the Gear icon. Then, select Recurring transactions under the Lists column.
2. Click New.
3. Choose the type of transaction to create. Then, hit OK.
4. Enter a Template name.
5. Select a type.
6. Complete the fields. Then, press Save template.

I'll leave these articles for more information about the features I've talked about above:

• Set up bank rules to categorize online banking transactions 
• Create recurring transactions in QuickBooks Online

For future use, here's a helpful guide on ensuring your QuickBooks accounts match your real-life bank statements: Learn the reconcile workflow in QuickBooks.

If you have any further questions or need more assistance setting up bank rules or creating recurring transactions, feel free to get in touch with us. Our team is always here to provide support whenever you need it.