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M
Morfzak
October 6, 2022
Question

Transaction record updates

  • October 6, 2022
  • 1 reply
  • 0 views

My bank adds foreign transaction fees after QB has downloaded the transaction data.

so the statement data and the downloaded data no longer match.

can’t seem to find a way to get QB to refresh the data from the bank.

1 reply

I
IntuitAika
October 6, 2022

Hi Morfzak, 

 

Thanks for posting in the Community! You can create an expense account to allocate the bank fees. 

 

Here's how: 

 

  1. On Accounting tab, select Chart of Accounts. 
  2. Select New.
  3. In the Account dialogue, create an Expense account for Bank Charges, and name it Bank Fees.
  4. Select Save and close.

 

Furthermore, if you need to get the recent transactions from your bank you can do a manual update. 

 

  1. On Transactions tab, select Banking.
  2. Select Update button. 

 

For more detailed information, you can check on this article: How to account for bank fees when matching transactions in the Bank Feed.

 

Feel free to drop a comment below if you have any other questions. Have a great day! 

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