Perform Bank Transactions Using QuickBooks online

Choose + NewOtherBank Deposit and record this deposit to TD Operating Account under Add funds: $5,000; Bank loans; 08/07/2026 (Account Type: Long-term Liabilities); amounts are Out of Scope of Tax

Using Quickbooks online -Upload CSV Credit Card Transactions

Melanies bank does not have a bank feed with QBO yet, but it does have a CSV data file that can be downloaded from the bank and uploaded. In this exercise, you will upload the CSV file. You may have to add suppliers and accounts.

Open the Banking centre and click the Upload Transaction link. You will get this window only the first time you upload.

Browse to your Chapter 06 folder, select the CH06 VISA Transactions.csv file and click Continue. Select TD VISA as the QBO account to upload to and click Continue. Verify QuickBooks Online fields map to the Your Statement Fields, as follows, and then click Continue:

Verify there are six entries selected (if they're not preselected for you, check them off) and click Next. Click Yes to confirm you want to import the six transactions and then click Done. You are returned to the bank feeds window. Three transactions match transactions in QBO, and one transaction did not get recorded. Melanie mentioned she may not have given you all the receipts so there will be extras to deal with.

Match the three transactions. Review and process the remaining transactions: Transfer the payment received for $50 to TD Operating. You could also use the new Pay Down Credit Card transaction for a credit card payment.

Change the account for AW Accounting to Accounting Support (add it as a sub-account of Legal and Professional Fees), set the tax code as HST ON, and then add the transaction. Change the tax on the Annual Fee transaction to Exempt (set a tax code) and add. Click Go to Bank Register.