How to Add Bank Account to QuickBooks Desktop

QuickBooks users can connect their accounting software with their bank accounts. But for beginners, it is really difficult to do that as they don’t know how to add bank account to QuickBooks Desktop. But since there are many benefits of syncing your bank account with QuickBooks, thus you should always do so. Here are some of the perks you see. Some of them are as follows:

• Firstly, users will be able to pay and receive payments directly from QB.
• Also, you can easily download all the transactions from your bank account for reconciling different accounts.
• You can easily access accounts from the Chart of accounts present on the left navigation panel.
• You can also manage all your transactions easily by importing them into QB.

QB has many tools and features that let users handle transactions, even the most complicated ones. Applying payments and deposits is indeed arduous but can be substantially simplified by interlinking bank accounts. Also, QB is completely secure for performing the transaction. Payroll users have an added benefit. They can link their bank account with QB and deposit money directly into the bank account of their employees.

How to Add Bank Account to QuickBooks Desktop

Follow the steps given below to link or add bank account to QuickBooks Desktop software.

• Login to QuickBooks accounting software.
• On the dashboard, select “Connect account” present on the Bank account card
• Search and select your bank
• Provide the necessary credentials for signing into the bank account
• Select the type of account you’re adding.
• This will help QuickBooks easily classify all the transactions downloaded and imported from this account.

May be helpful- Remove a Bank Account from QuickBooks Desktop

You have now successfully linked your bank account with QuickBooks Desktop. QuickBooks will download all the transactions for the last 90 days from your bank account. Still, for the first time, users need to manually configure and approve each transaction. This will help QB in identifying all the types of transactions along with their categories. If need help and a consultant, then dial QuickBooks consultant 24/7.