How to Direct Import bank Financial data into QuickBooks Accounting Software

QuickBooks is getting smarter day by day, with each new updates company is implementing advanced features making the software more reliable and flexible. However with the advantages sometime its users too have to face certain uncertainties which can give them an unpleasant experience. In this article we will discuss a similar issue i.e. how an individual can easily import bank statements into QuickBooks without facing any trouble.

Intuit shipped QuickBooks has been software prominent for fulfilling each and every requirement of their users. However situation may arise where the software seems to work against their will. A same kind of behavior has been noticed lately with QB where users are facing problem in transferring bank and credit card statements directly to their QuickBooks server. If you have any technical issue, you can contact with us at QuickBooks Pro Tech Support Contact Help Desk Phone Number.

QuickBooks uses Transaction Pro Importer (TPI) to import files of format qif, txt, csv, excel or of directly into the server. This process gets simpler when payee matching alias is integrated with it. With addition of the feature one can import their bank statements, invoices, bills, credit card details and checks. You can also quick manage your payroll with QuickBooks Assisted Enhanced Payroll Tech Support Phone Number services.

Below here we are going to provide a complete overview of how to import bank statements or credit card charges into QB using TPI.

1.  Check on file and browser the file you want to import from the directories. Also in the import type select “Bank Statement” followed by next.

2.       In the next screen make sure the file you browsed is highlighted. After that click Next.

3.       In this step you will come over to the mapping screen.

Things to be noticed in this page:

-         The mandatory fields are indicated in red.

-         Check values entered are under Static Value/Formula.

At last click on next.

4.     An error will shows up as file you select might not have the QB account. We are going to select the account in the next step i.e. Payee Alias.

Simply click OK here.

5.       In the next page select Aliases tab, now here match the file to the names stored in QuickBooks and then assign the accounts.

6.      In this step we will set up an alias starting from the first line to the last line in this import file. Certain key are going to be included which can be collected from Payee Column.

      -   Once you select the key and if the key doesn’t exist in QB’s you have to create it. For this select Add new under Payee drop down box. A window will pop here select Vendor and then enter the name of the vendor, once done select OK.

      -       Now you have to select Account associated with the keyword box, like for example Bad Debt. Once done click Add/Update button.

     -   Once the above process completed you can see that Alias definition has been applied to Import File.

    -     At last review every step if everything looks good click on Apply button.

       You have successfully mapped the file for next import.

7.    In the next screen mapped data will be showed up review it carefully then click on Next button.

8.   This is last screen of TPI, select the files from the drop down menu which was not there before. At last select the finish button.

Transaction Pro Importer successfully import only certain format of files but how a user can import files with different format like pdf. Well, this can be achieved by using any file converter software or if the user doesn’t wants to do that they can even contact QuickBooks technical support. The professionals can guide throughout the conversion process also if you face any kind of difficulties in carrying any of the above mentioned steps they can help you out. People won’t have ideas about how to get backup data files in their QuickBooks. They can take help of  QuickBooks Auto Data File Recovery Software Service for quick data file backup issues.