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January 27, 2025
Question

How to Close faster, Amex CC match to Concur Trans in QBO; but lag on Concur to QBO

  • January 27, 2025
  • 1 reply
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How do other companies or what is best practice to handle Amex CC reconciliation for current month statement when syncing Concur expense management; there is a lag because employees submit 3rd day of month and then managers review and then finance, so by the time it gets to QBO its day 10; which then we have to match up transactions and finish reconciling the account.  How should we be handling this (besides going faster with expense report reviews) 

1 reply

January 27, 2025

Hello there, TD.

It's great to know that you're trying to learn other ways on how to streamline the process of handling your account in QuickBooks Online (QBO). Let me give you my insights how to manage your data efficiently. 

While there's no option in QBO on how to make reconciliation faster, the easiest way to reconcile will depend on your team's efficiency. The faster they process transactions and enter data, the quicker you can reconcile. However, you can optimize the overall process by implementing strategies. You can encourage your team to handle transactions more promptly and ensure timely data entry into QBO. 

Moreover, once the data have been imported, you can start the reconciliation process as soon as possible. By adhering to these best practices and prioritizing swift data entry into QBO, you can significantly reduce the time required to begin and complete your account reconciliation. Remember, the key to a more efficient reconciliation process lies in having your transaction data available in QBO as quickly as possible.

Additionally, you can read this article to guide you on how to do some basic troubleshooting steps in fixing issues while reconciling QBO: Fix issues at the end of a reconciliation in QuickBooks Online

Once done, you can also view, print, and export your reconciliation reports in QBO. 

We're here to help you succeed with QuickBooks Online. If you need more assistance with reconciliation or have any other questions, you can always Reply below. Your success is our priority, and we're always ready to support you.