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October 16, 2023
Question

Can I have four bank accounts? How?

  • October 16, 2023
  • 1 reply
  • 0 views
Bankwest is closing our accounts and we are transferring to CBA, i need four separate accounts for a short while to maintain audit.

1 reply

October 16, 2023

Thanks for letting us know about your banking concern, pguthrie. We're here to share some insights about your concern and guide you further on how you can connect your bank accounts in QuickBooks Online (QBO).

 

We can understand the significance of connecting your bank with your QuickBooks account. Worry less since QBO will allow us to connect to multiple businesses and personal bank accounts to keep your business information up-to-date. 

 

Also, linking your bank or credit card account to QuickBooks Online via a bank connection (also known as a bank feed) is the most accurate, hassle-free, and reliable way to keep on top of your books. Let me guide you with the steps to linking your bank to QuickBooks.

 

Here's how:

 

  1. Go to the Banking menu and select Banking.
  2. On the banking page, click the Link account.
  3. Locate for your bank.
  4. Select Continue, then sign in to your bank by entering your banking user ID and password.
  5. Follow the onscreen steps to connect and go through with any additional security checks required.
  6. Enter all the information needed and then click Connect.

 

You can also refer to this article for more detailed steps in handling your bank account: Connect and manage your bank account in QuickBooks Online.

 

Moreover, we'll be attaching these articles for future reference in categorising transactions and reconciling accounts in the program:

 

 

Please don't hesitate to comment below if you need more help organizing your bank in QuickBooks. We'll always be around to help you out. We wish you well, pguthrie!