Why i can see banking transactions after linking my bank in cash and cash equivalent and rak bank as well

Welcome to the Community, @Vinit-Tolia. It's great to have you here, and thank you for bringing up your concern about managing your bank transactions in QuickBooks Online (QBO). Let me share detailed information on how the program handles these transactions to ensure accurate recording.

To clarify, are you noticing that the same bank transactions are being displayed under both the Cash and Cash equivalents and RAK Bank account? Or did you link another bank in addition to RAK Bank, and now you're seeing the transactions under both accounts? Knowing this will help me provide relevant details.

It's worth noting that when you link your bank account to QuickBooks, the software automatically defaults to using Cash and Cash Equivalents as the account type. If this wasn't changed during setup, it could be why you're seeing transactions in two places.

To ensure transactions only appear under the correct account, I recommend updating the account settings to align with your associated bank. Here's how:

1. Open your QBO account.
2. Go to the Gear icon and click on the Chart of accounts. 
3. Look for the account that corresponds to your linked bank.
4. Hit the drop-down arrow beside Account History.  
5. Select Edit.

What's more, default accounts are automatically created in your COA based on the type of business entity you choose. Please refer to the materials below to learn how to manage these accounts:

• Learn about the chart of accounts in QBO
• Manage default and special accounts in your COA

When your bank transactions are ready, refer to this article to add or match the attachments to the existing entries in the program: Categorise online bank transactions in QBO.

I am committed to offering customised solutions to any issues you may have with linking your bank account and managing your bank transactions within QuickBooks, @Vinit-Tolia. Please reach out to me again if you have further questions about QBO's banking feature. I'd be delighted to answer them.