QB Issue Resolution:
If you write 5 checks to vendors you have to give those 5 checks to the vendors.
A bank feed is a download from your bank of transactionsome both in and out of your account. The name of the payee may not always be provided and the actual expense item even less so.
QB will to the best of its ability attempt to categorize known items but despite what rules you set will continually mislabel items. Example: QBO will supply name of payee based on last check you approved if bank info is scant. This can mean multiple checks for one vendor.
Good news, all bank feed is advisory so carefully review and edit before accepting. Otherwise your expenses will not be categorized properly
Best course of action is to record in QBO the 5 checks you wrote, not waiting for them to go through the bank; you will have recorded the proper transaction details and then when you have the bank feed you will match instead of add.
Resolution for Issue 'Does using the bank feed and then approving transactions mean that I don’t have to go into Quickbooks a second time and pay those same bills?' available: Yes (Solved).
Source: Intuit Community forum.
Does using the bank feed and then approving transactions mean that I don’t have to go into Quickbooks a second time and pay those same bills?: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.Support for approving transactions
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Error Recovery for approving transactions [Canada]
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