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January 10, 2023
Question

Is it possible to manualy create and manage an unlinked bank account? I want to move money to Chase it doesnt link with QB. There wont be a lot of transactions.

  • January 10, 2023
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1 reply

January 11, 2023

Hi there, @Babybayliss

 

I'm here to help you with your transactions.

 

Here in QuickBooks Online, you can keep all your transactions from the old account. Especially those that you've already matched and categorized. Please know that you won't be able to keep your transactions that are on the For Review tab once you've disconnected your online banking.

 

When you transfer money from one account to another, you need to record the transaction in QuickBooks as a transfer. You can consider using Transfer funds or bank transfer. To begin, these are the steps:
 

  1. Select +New and then choose Transfer.
  2. From the Transfer Funds From dropdown list, select the bank account that the money is coming from.
  3. From the Transfer Funds to dropdown list, select the bank account that the money is going to.
  4. In the Transfer Amount field, enter the amount being transferred.
  5. Edit the Date field.
  6. Enter a description of the transfer in the Memo field (optional).
  7. Select Save and close or Save and new to complete the transfer.
  8. Select Yes if you double checked the date.
     

You can find the recorded transfer by opening each account register in the Chart of Accounts.

 

For more information about how to transfer funds between accounts in QuickBooks Online, you can refer to this article.

 

But If you're trying to transfer your transactions to your banking feed, you'll want to download bank transactions from your bank. Then, manually upload them into QuickBooks Online (QBO) so you can update your bank. Please refer to this article for detailed steps: Manually upload transactions into QuickBooks Online.

 

Also, performing the reconciliation process will help you review your accounts to ensure that your real-life bank and QBO balances are in sync. Once finished, you can pull up a reconciliation report that you can save to serve as a reference to avoid reconciliation issues in the future.  

 

Stay in touch if you have any other banking concerns in QuickBooks. I'm always here to help. Have a good one.