QB Issue Resolution:

That’s a great question.

The web connect feature can be used to download past transactions. This is the info for doing that:

You’ll start by signing in to your bank’s website and downloading a valid webconnect file.

Valid webconnect files:

.qbo (QuickBooks),
.qfx (Quicken) and
.ofx (MS Money)
.csv (MS Excel)

Then SAVE it to your computer in a location that you can find.

Now go to QuickBooks Online:

Go to Transactions>Banking
Once you are on the Downloaded Transaction screen, click on File Upload at the top right.
Next, you’ll start the Web Connect mini-interview.
Click Browse and select your Web Connect file from your computer.
Click Next.
In the drop-down menu, select the account where you’d like to upload the transactions.
Click Save and Finish.

NOTE: If you attempt to upload a file of the wrong format, a message will appear stating: The uploaded file isn’t a valid Web-Connect file.

ALSO REMEMBER: if the transactions precede the opening balance that was entered into QuickBooks Online, the opening balance will change.

Check out KB 2370 for help on troubleshooting web-connect errors.

Resolution for Issue 'Is there a way to collect all transactions from the past year from my bank account and credit card into my quickbooks?' available: Yes (Solved).
Source: Intuit Community forum.

Is there a way to collect all transactions from the past year from my bank account and credit card into my quickbooks?: 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.

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