A bookkeeper cannot reconcile a business credit card statement that has one overall balance but splits transactions across four separate bank feeds in QuickBooks Online.
QuickBooks Online allows multiple bank feeds for the same credit card account, but the statement has only one starting and ending balance, making it impossible to reconcile each feed correctly because the feeds don't match the statement structure.
Workarounds Described
- Uses zero starting balance and subtotal balances from each user as ending balance
- Manually adjusts previous month's ending balance to reconcile current month
Implied Software Gaps
- A tool that merges multiple bank feeds into one reconciliation view matching the statement format
CardSync Reconcile
An add-on for QuickBooks Online that automatically merges multiple bank feeds from a single credit card account into one reconciliation feed, matching the statement's single starting and ending balance. It allocates transactions to the correct sub-ledgers while presenting a unified balance for accurate reconciliation.
- One-click merge of multiple QuickBooks bank feeds into a single reconciliation view
- Automatic allocation of payments and credits to the correct cardholder sub-account
- Statement balance matching with rolling prior-month balance adjustment
- Seamless integration with QuickBooks Online and QuickBooks Desktop
Existing Solutions Mentioned
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