A much talked about and finally released feature in QBO is View Statements which allows you to download bank statements (or credit card statements) from connected banks. This saves you time in downloading and saving the statements directly from the bank account prior to reconciling. After reconciling, you can even attach the bank statement directly with the reconciliation report.
For a list of banks connected as of December 9, 2020 click here:
In a cloud environment it's sometimes hard to know where uploaded documents are saved. Be safe, rather than sorry, and learn how to export your attached documents out of QB Online to archive them for backup. Also, learn where the documents attached in your QuickBooks Desktop file are saved on your computer to make sure your backup is capturing that folder.
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