Are there transaction fees if I connect my bank account?

Let me share some insights about connecting your bank account in QuickBooks Online (QBO). 

The online banking connection to QuickBooks is free from fees. As a result, connecting your account should be free of charge. If a connection charge is demanded by your bank, I'd suggest getting in touch with them to confirm and verify the amount. To link your bank account and download your transactions, follow these steps:

1. Go to Bookkeeping, select Transactions, then Bank transactions.
2. Tap Connect account on the landing page if this is your first time connecting or select Link account if you've already created one.
3. Search for your bank. You can connect with most banks, even small credit unions. If you can’t find your bank but still want to add your transactions to QuickBooks Online, you can also manually upload bank transactions.
4. Tap Continue. Then sign into your bank by entering your banking username and password.
5. Follow the onscreen steps to connect. Your bank may require additional security checks. It may take a few minutes to connect.
6. Choose any accounts you want to connect like your savings, checking, or credit card. Then choose the matching account type from your chart of accounts in QuickBooks.
7. Select how far back you want to download transactions. Some banks let you download the last 90 days of transactions. Others can go back as far as 24 months.
8. Press Connect.

Please refer to this article to view steps on how you can review downloaded bank and credit card transactions by matching or adding them to avoid duplicate entries: Categorise and match online bank transactions in QuickBooks Online.

Feel free to visit our Banking page for more insights about managing your bank feeds in QuickBooks. 

Please keep me updated if you have any questions or concerns about connecting with your financial institution. I'll be by your side every step of the way. You have a good one.