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February 23, 2021
Question

In quickbooks desktop how to I download more than one bank account from the the same bank

  • February 23, 2021
  • 1 reply
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I have Quickbooks Pro 2021 for desktop

I have two separate checking accounts at the same bank.  I have already been downloading the information from one of the accounts.  Now I want to download the information from the other account.  I have read that I need to set them up as subaccounts.  Do I need to disconnect the first account and then set both of them up as subaccounts?

1 reply

Tori B
February 23, 2021

Good afternoon, @meshmash

 

Thanks for reaching out to the Community for support. I hope you're enjoying the day so far. I'm happy to lend a hand with your bank feeds using two accounts. 

 

You're on the right track. You'll need to disconnect the current bank feed connection, then add the accounts as subaccounts. Once you have them set up as subaccounts, you can connect them both to the bank. One important thing to note, you'll need to ensure both accounts have the same login since it's the same bank. For example, you'd need both user names as meshmash, not meshmash1 and meshmash2.  I've included some steps to help you disconnect the current account and add both subaccounts below. 

 

  1. Open your Chart of Accounts and locate the currently connected account. 
  2. Right-click on the account and hit Edit
  3. Under the Bank Feed Settings tab, tap the Deactivate All Online Services option and Save and Close

 

Now let's add the subaccounts. 

 

  1. Add a main account, such as Main Bank.
  2. Add another new account, and check off the Subaccount of box and choose your Main Bank. 
  3. Do the same thing with the second subaccount. 

You can see Get started with Bank Feeds for QuickBooks Desktop for steps to connect the accounts. 

 

That's all there is to it. Please let me know if you have additional questions or concerns. I'm happy to lend a hand. As always, feel free to reach out to the Community at any time. Take care and have a great day ahead! 

meshmashAuthor
February 23, 2021

so the one part I still don't understand is that both sub accounts have to have the same login.  On the actual bank site they have different logins. So in order to do this the login on the bank site has to be the same?  

MaryLandT
February 24, 2021

Let me add some information about connecting bank accounts for online banking, meshmash.

 

Yes, you need to have the same login credentials when you're setting up a parent and sub-accounts. 

 

In  your case, you can separately set up each checking account in QuickBooks since they have different login information.

 

QuickBooks allows just one sign-in per bank. You can refer again to this link for more details: Get started with Bank Feeds for QuickBooks Desktop.

 

If you need to reconcile, here are the detailed steps: Reconcile an account in QuickBooks Desktop.

 

Stay in touch if you need additional information about this by commenting below. I'll be right here to help you.