How Do You Upload Tranactions From American Express to Quickbooks Online

How to Import Credit Card Transactions into QuickBooks Desktop?

Modified on: Fri, ix Apr, 2021 at two:09 PM

Import Credit Menu Transactions into QuickBooks

Import Credit Bill of fare Statements from Supported File Formats directly into QuickBooks Desktop using SaasAnt Transactions (Desktop) - #1 user rated and Intuit trusted bulk data automation tool built exclusively for QuickBooks.

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

Yous can download the gratis trial of the software direct from the SaasAnt Website. Follow this article for detailed installation instruction. Yous can easilyimport credit menu transactions into QuickBooks Desktop.

Steps to Import Credit Carte Transactions into QuickBooks Desktop

Importing with SaasAnt Transaction is a cakewalk with our simplified and powerful Import magician. Just follow a unproblematic 3 pace procedure to bulk import your file data to QuickBooks.

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

• Step 1 - File Selection: Select "QuickBooks Transaction Type" equally "Credit Carte du jour Statement". "Select Your File" - You tin 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 in local.
• Step 2 - Mapping:Set upwardly the mapping of the file columns corresponding to QuickBooks fields. This step will be automated for you if you lot use the SaasAnt template file. Download Sample Template file.
• Footstep 3 - Review & Import: Review your file information in the Review Filigree screen and click "Send to QuickBooks" to upload your file data to QuickBooks.

More detailed teaching of the steps are bachelor in this article.

How does it work?

Let's assume that we have a file which contains following credit card argument.

Date	Description	Amount
23/12/18	Purchase of Phones	-100
23/12/18	Bill Payment	900

Credit card statement statement has Charges for Vendors and Credit/Refunds from Vendors.To import Charges(Expense) and Refunds ,we demand to mention

1. Credit Menu Account

2.Expense Accounts

3.Customer or Vendor Names

Let's change the file to add above details.

Date	Clarification	Corporeality	Credit Card Business relationship	Business relationship	Payee
23/12/18	Purchase of Phones	-100	Amex	Uncatergorized Expense Account	John
23/12/18	Card Payment	900	Amex	Telephone Expense Account	Telephone Company one

Now we can import this file using SaasAnt Transactions (Desktop).

• If the transaction has POSITIVE Amount, it will exist considered as Credits/ Refunds.
• If the transaction has NEGATIVE Amount, it volition be considered equally Expense /Charges .

If the file has separate columns for Credit and Debit, It tin can be direct mapped as well.

Statement Line as Credit Card Charge

Statement Line equally Refund

Mapping QuickBooks Fields

Field Name	Format	Description
Argument No	Text (Max Length: eleven Characters)	Statement No for Credit Bill of fare Credit Transaction
Date *	Date	The appointment when this transaction occurred.
Credit Card Account *	Reference Text	Name of the Credit Account for this transaction. Proper name or Business relationship Number can exist given.
Payee *	Reference Text	Reference to Vendor,Employee or Customer. Proper noun , Account Number or Custom Field Value can be given.
Business relationship *	Reference Text	Reference to the Expense Business relationship Proper noun or Income Account Name associated with the transaction. Proper noun or Business relationship Number can exist given.
Amount *	Decimal	The amount of the transaction. NEGATIVE Amount will exist considered as Expense /Charges POSITIVE Corporeality will be considered as Credits/ Refunds
Credit * *	Decimal	Refund Amount
Debit * *	Decimal	Expense Corporeality
Memo	Text (Max Length: 4095 Characters)
Customer	Reference Text	Proper name of the customer associated with this expense or refund.
Billable Condition	Boolean ( True / Faux)	Is the customer to be billed ?
Form	Reference Text
Currency	Currency Lawmaking	3 Alphabetic character Currency Code Ex: USD,EUR
Exchange 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  Step 3: Review & Import screen or directly nether "Edit" Menu in the menubar. Some of the very useful settings for transaction includes:

• Find Matching Transactions in QuickBooks by: Identifier to locate existing transactions in your QuickBooks.
• Action When a Matched Transaction Found: If an existing transaction is plant for the above setting identifier then the corresponding action to be taken. You tin choose to Duplicate/ Ignore/ Update/ Append existing transaction in your QuickBooks.
• Pre-Import Validation: Validate the complete file before importing to QuickBooks. By turning this setting ON, file rows volition be imported only later cleaning upwards all the issues in file. This option however will filibuster the import.

More details almost the settings related to Automatic creation of Items, Assigning reference number from the file, etc are available in this commodity.

FAQ's

Most of u.s.a. would have some questions while moving information to your QuickBooks Online. Some of them for your reference below:

• Will your application back up Multi Line Transactions?

            Yep. Information technology will.

• I fabricated some mistakes in the Import and my QuickBooks reports got corrupted. Is in that location any style to undo or revert my Import?

            Information technology 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 appointment format. I don't want to change the file. Will your product support all date formats?

            Yep. You can select the specific date format as per your requirement in the import settings.

• Practice you have whatsoever sample templates?

            Yep. Nosotros do have. Sample Template

• What are the file types supported by your application?

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

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

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Source: https://support.saasant.com/support/solutions/articles/14000096939-how-to-import-credit-card-transactions-into-quickbooks-desktop-

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