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  #1  
Old 01-06-2010, 04:46 PM
pchung pchung is offline
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Smile Importing Bank Statement directly into account register

I am using QuickBook 2010 and had finally managed to work out how to import bank transaction report into Quickbook.

However, It is tiresome to add each transaction from the imported bank transaction into the account register. I have 3months of bank transactions per quater (around 150-200transactions). It would be real nice if QuickBook can import bank transactions directly into the account register. The user can then enter the correct payee, the appropriate account and the tax code, for each of the transaction.

Following that when the correct payee is entered into the imported transaction, the memorised transaction for that payee should be able to populate with the appropriate account and applicable tax code.

I have been playing around with the imported transation into accoutn register, after I have entered the correct payee, entered the appropriate account with input tax , I was not able to enter the input tax code, because QuickBook do not allow tax code entry from imported transaction.

This is a real drawback. Because the only way I can enter the transaction is to enter the transaction manually is before .

Hence, it would be great if QuickBook can import bank transaction report directly into the account register and maintain full editable functionality of the register.

Anyone out there has any thoughts.... will be welcome

Ps I am refering to Australian GST tax code.
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  #2  
Old 01-27-2010, 03:21 AM
Alex.11 Alex.11 is offline
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Finally, QuickBooks Online Edition is a complete accounting package that gives us access to our bank accounts. Thanks for the Australian GST tax code.
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