Can you please tell me how to import memo or description also while importing cash flow statement?

Nice to have you in the Community space, Rahul.

I’d be glad to guide walk you through the steps on how to import your bank statement in QuickBooks Online (QBO).

QuickBooks lets you upload your statement using a CSV file. You can either choose the 3 column or 4 column format when importing the file.

The 3 column format has a Date, Description, and Amount column. While the 4 column format has a Date, Description, Credit and Debit column. I’ve attached a screenshot below for your visual reference.

3 columns 

4 columns 

You can also check this article for more details: Format CSV files in Excel to get bank transactions into QuickBooks.

Once done, you can now start importing your transactions. Here’s how.

1. Go to the Banking or Transactions menu.
2. Select Upload transactions.
3. Click Browse and then select the file you downloaded from your bank. Then select Next.
4. In the QuickBooks account drop-down, select the account you want to upload the transactions into. Then click Next.
5. Follow the onscreen steps to match the columns on the file with the correct fields in QuickBooks. Then select Next.
6. Select the transactions you would like to import. Then click Next.
7. Click Yes, and select Let's go.

For more details, check out this article: Manually upload transactions into QuickBooks Online.

In addition to this, you might want to visit this link that can walk you through the steps on how to categorise your transactions.

You’re always welcome to get back to me if you need further guidance in importing your statement. I’m always around ready to back you up. Keep safe!