When bank feeds were first introduced they were lauded as a software feature that would save small businesses hundreds of hours of work per week and they have definitely saved time, despite the apparent risks that have been published about how they can compromise your internet banking security.
I’ve been working with a business which has a showroom and workshop and they take EFTPOS payments for cash sales as well as deposits for quotes using credit card payments and even though the business isn’t huge it is not as easy as clicking the MATCH button to match a bank feed record to it’s source documents.
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I use this blog to announce updates and additions to our current training courses as well as new content and FREE Samples. I’ve liked Intuits QuickBooks Online software for a while now and had an opportunity to feel a clients pain in moving away from Xero to QuickBooks because of their need for inventory management (which QuickBooks does MUCH better than Xero).
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This instructional video shows you had to find and match transactions for various bank feed entries.
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