How to Upload Transactions From Excel Into Quickbooks 2017

How to Import Bank Transactions into QuickBooks Desktop?

Modified on: Monday, xxx Nov, 2020 at 6:40 AM

I mport Depository financial institution Transactions into QuickBooks Desktop

Import Depository financial institution Statements from Supported File Formats directly into QuickBooks Desktop using SaasAnt Transactions (Desktop) - #ane user rated and Intuit trusted bulk data automation tool built exclusively for QuickBooks.

SaasAnt Transactions (Desktop)  supports  QuickBooks Pro, Premier, Enterprise, and Accountant Editions.

You lot tin download the free trial of the software directly from the SaasAnt Website. Follow this article for detailed installation pedagogy.

Steps for Importing Bank Transactions to QuickBooks Desktop

Importing with SaasAnt Transaction is a breeze with our simplified and powerful Import wizard. Just follow a uncomplicated three step process to bulk import your file data to QuickBooks. You can easily import bank transactions into QuickBooks desktop from excel.

Click the Import push in the Dashboard screen or Import option from the File menu in the menubar to navigate to the File Pick screen of the Import Wizard(Footstep 1).

• Footstep 1 - File Choice: Select "QuickBooks Transaction Type" as "Banking concern Statement". "Select Your File" - You tin can either click "Browse File" to browse and select the file from the local computer folder or click "Sample Templates" to navigate to SaasAnt sample file locally.
• Step ii - Mapping:Fix the mapping of the file columns respective to QuickBooks fields. This footstep volition be automated for y'all if you use the SaasAnt template file. Download Sample Template file.
• Step 3 - Review & Import: Review your file data in the Review Grid screen and click "Transport to QuickBooks" to upload your file data to QuickBooks.

More detailed instructions on the steps are bachelor in this article.

How does information technology work?

Let's presume that we have a file which contains post-obit depository financial institution argument.

Date	Description	Check No	Amount
23/12/18	Subscription payment	12123733	100
23/12/18	Telephone Bill Payment	2121221 ane	-900

Bank statement has deposits and Expenses.To import Deposits and Expenses (Checks),we need to mention

one. Bank Business relationship

2. Income Accounts

three.Expense Accounts

iv.Client or Vendor Names

Allow'due south change the file to add together above details.

Engagement	Description	Check No	Amount	Bank Account	Business relationship	Payee
23/12/xviii	Subscription payment	12123733	100	HDFC	Uncatergorized Income Account	John
23/12/xviii	Telephone Bill Payment	2121221 i	-900	HDFC	Telephone Expense Account	Telephone Visitor i

Now nosotros tin import this file using SaasAnt Transactions (Desktop).

• If the transaction has POSITIVE Corporeality, it will exist considered as Deposit.
• If the transaction has NEGATIVE Corporeality, it will be considered as Expense/ Bank check.

If the file has separate columns for Credit and Debit, It can be be directly mapped besides.

Bank Statement Line as Deposit

Banking company Statement Line every bit Check

Mapping QuickBooks Fields

Field Name	Format	Clarification
Date *	Date	The date when this transaction occurred.
Bank Account *	Reference Text	Name of the Bank /  Cash Account for this transaction. Name or Business relationship Number tin be given.
Cheque Number	Text (Max Length: 11 Characters)	Cheque Number or Reference number for the transaction.
Description	Text (Max Length: 4095 Characters)	The Description about the Expense or Deposit Transaction.
Payee *	Reference Text	Reference to Vendor,Employee or Customer. Name , Account Number or Custom Field Value can be given.
Business relationship *	Reference Text	Reference to the Expense Business relationship Proper name or Income Business relationship Proper noun associated with the transaction. Name or Account Number can exist given.
Amount *	Decimal	The amount of the transaction. POSITIVE Amount will be considered as Deposit Amount NEGATIVE Amount will be considered as Expense/ Check
Withdrawal * *	Decimal	Expense Amount
Eolith * *	Decimal	Sale Income Corporeality
Class	Reference Text
Customer	Reference Text	Customer name associated with this deposit.
Memo	Text (Max Length: 4095 Characters)
Billable Status	Boolean ( Truthful/Faux)
Currency	Currency Code	iii Letter Currency Code Ex: USD,EUR
Substitution Rate	Decimal

All (*) marked fields are mandatory.

Import Settings

A host of powerful customisations for your file data is available with Import Settings. This is available in the  Footstep three: Review & Import screen or directly under "Edit" Carte du jour in the menubar. Some of the very useful settings for transaction includes:

• Pre-Import Validation: Validate the complete file before importing to QuickBooks. By turning this setting ON, file rows will be imported only after cleaning up all the bug in file. This option however volition delay the import.

More details about the settings related to Automatic creation of Items, Assigning reference number from the file, etc are bachelor in this article.

FAQ's

Nigh of us would have some questions while moving information to your QuickBooks Online. Some of them for your reference below:

• I want to import Bank Statement with Check Numbers from File. Is information technology supported?

            Yep. It is supported.

• Volition your awarding back up Multi Line Transactions?

            Yes. It will.

• I made some mistakes in the Import and my QuickBooks reports got corrupted. Is there any way to disengage or revert my Import?

            It is possible to undo the import completely/ partially with the Delete feature.

• Does your app support taxes?

            Yep. It does.

• My file has some specific date format. I don't want to change the file. Volition your product support all date formats?

            Yes. You tin select the specific date format as per your requirement in the import settings.

• Practice you have whatsoever sample templates?

            Yes. Nosotros practice have. Sample Template

• What are the file types supported by your application?

            TXT, CSV, XLS, XLSX etc. Supported File Formats

• How practise I report the issues if I am stuck?
  Feel free to drop an electronic mail to support@saasant.com

SaasAnt Transactions (Desktop)

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Source: https://support.saasant.com/support/solutions/articles/14000096933--how-to-import-bank-transactions-into-quickbooks-desktop-

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