What is the Online Banking matching process?
When you download transactions from your financial institution, and select the Show Register checkbox while viewing a QuickStatement (a list of transactions that have taken place since your last download, and any transactions not matched from previous downloads), QuickBooks tries to match transactions from the statement with those in your register. The matching process consists of several stages: Before the matching process: Prior to beginning the matching process, QuickBooks identifies all register transactions dated more than 90 days prior to the system date of the computer on which QuickBooks is installed, or more than 60 days prior to the earliest date of all the downloaded transactions. These identified register transactions will not be considered for matching. Transactions that have already been reconciled are also discarded from matching consideration. Primary matching process: The downloaded transaction amount is compared to the amount of the first remaining register transactio
