During the Main Stage of “QuickBooks Connect 2022,” we heard the following enhancement was on its way. Now, it is here. I’m talking about the ability for QBO subscribers to make use of the QuickBooks Banking Find Match feature for foreign currency bank accounts.

Users operating on a multi-currency basis now can match their transactions in QuickBooks with their foreign currency bank account transactions. This will be especially beneficial for Canadian and United Kingdom QuickBooks users, where multi-currency is far more common than in the United States.

  • This update allows QuickBooks users with multi-currency to access the same features in foreign currency bank accounts that have been available in their home currency bank accounts.
  • Users simply have to click Find Match in one of their foreign currency banks, and then choose from a list of same-currency transactions from which to match against.

But wait, there is more.

Another banking-related enhancement gives QuickBooks Online Accountant users the ability to batch-edit their clients’ auto-add bank rules.

  • If you need to revise your clients’ auto-add bank rules, you now can do so as a batch. 
  • Just select Banking, then choose multiple rules and turn off auto-add for all of them.   

QuickBooks is streamlining how the banking feature works for accountants and day to day users. That saves valuable time and cuts down on unnecessary steps for everyone. 

You can count on Liz having more about these enhancements at her next QBO Update version of “QBTalks.” Until then, stay tuned for more features covering QuickBooks product updates here at Insightful Accountant.


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