Hello, we connected bank with QBO but money out transactions are also shown as a money in transaction. How we can resolve that ?

We can remove the reversed transactions and manually import them, accounting. I'm here to ensure you can add these entries accordingly in QuickBooks Online.

QuickBooks will depend on the data provided by your bank. However, transactions automatically downloaded from a credit card account will appear reversed.

Since your transactions are posted incorrectly in QuickBooks, we can exclude and import them manually with the correct formatting. This helps us keep an accurate record of your business information to avoid related issues in the future.

To begin with, here's how to exclude your transactions:

1. Head to Transactions, then Bank Transactions.
2. Choose the For Review tab.
3. Select the checkbox for each transaction you need to exclude.
4. Click on Exclude.

Once excluded, QuickBooks will no longer bring these transactions into your bank feed again. For more information, you can review this article: Exclude a bank transaction you downloaded into QuickBooks Online.

After that, manually import your transactions and ensure to format your CSV file accordingly. You can review these materials for guidance:

• Manually upload transactions into QuickBooks Online
• Format CSV files in Excel to get bank transactions into QuickBooks

On the other hand, categorise your transactions once uploaded in the system to ensure they're posted on the correct account for tracking. A bank rule can help you automate this process to save more time.

Inform us in this thread if you have other queries when downloading or importing bank transactions in QuickBooks Online. We'll be around to provide any relevant information that can meet your business needs.