Credit Card Downloads in Quickbooks

Posted by Will on July 3, 2008, 9:19 pm

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Besides the Platinum Plus downloads (Intuit's "Quickbooks Credit Card"),
does anyone know of banks that have good real time integration with
Quickbooks that allow you to download the charges from a server directly to
your credit card accounts, and NOT transfer that information indirectly
through a CSV file? I want the person reconciling those accounts to go
through the standard Quickbooks UI for reconciling downloaded charges.

--
Will

Posted by Laura on July 3, 2008, 10:03 pm

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> Besides the Platinum Plus downloads (Intuit's "Quickbooks Credit Card"),

> does anyone know of banks that have good real time integration with

> Quickbooks that allow you to download the charges from a server directly

> to your credit card accounts, and NOT transfer that information indirectly

> through a CSV file? I want the person reconciling those accounts to go

> through the standard Quickbooks UI for reconciling downloaded charges.

You might be better off having your client manually enter the transactions
into QB rather than using the download process. Many people have reported
that the download process does not always work well. There seems to be
something different with the credit card downloading process that makes it
error prone. As a result, transactions don't always download or worse,
duplicate transactions happen. Unless you are talking a massive amount of
transactions then entering the data manually is usually safer.

Banks are also starting to discontinue supporting downloads into QB or are
now charging a fee to do so.

Posted by Will on July 3, 2008, 11:23 pm

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>> Besides the Platinum Plus downloads (Intuit's "Quickbooks Credit Card"),

>> does anyone know of banks that have good real time integration with

>> Quickbooks that allow you to download the charges from a server directly

>> to your credit card accounts, and NOT transfer that information

>> indirectly through a CSV file? I want the person reconciling those

>> accounts to go through the standard Quickbooks UI for reconciling

>> downloaded charges.

> You might be better off having your client manually enter the transactions

> into QB rather than using the download process. Many people have reported

> that the download process does not always work well. There seems to be

> something different with the credit card downloading process that makes it

> error prone. As a result, transactions don't always download or worse,

> duplicate transactions happen. Unless you are talking a massive amount of

> transactions then entering the data manually is usually safer.

> Banks are also starting to discontinue supporting downloads into QB or are

> now charging a fee to do so.

Some of our individual cards have 50+ transactions per month, and to
re-enter it all by hand is hours of work by someone who makes $35/hour and
is error prone as well. So paying a bank $20 to $30/month for a
*reliable* data download is very much in budget for us.

--
Will

Posted by karen.magno@gmail.com on July 4, 2008, 8:27 am

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Take a look at Baystate Consulting's 01 Transaction Pro Import Wizard
which uses the QuickBooks SDK (software development kit) and not IIF
files at http://www.baystateconsulting.com/products.htm.

> >> Besides the Platinum Plus downloads (Intuit's "Quickbooks Credit Card"=

> >> does anyone know of banks that have good real time integration with

> >> Quickbooks that allow you to download the charges from a server direct=

> >> to your credit card accounts, and NOT transfer that information

> >> indirectly through a CSV file? =A0 =A0 I want the person reconciling t=

hose

> >> accounts to go through the standard Quickbooks UI for reconciling

> >> downloaded charges.

> > You might be better off having your client manually enter the transacti=

ons

> > into QB rather than using the download process. Many people have report=

> > that the download process does not always work well. There seems to be

> > something different with the credit card downloading process that makes=

> > error prone. As a result, transactions don't always download or worse,

> > duplicate transactions happen. Unless you are talking a massive amount =

> > transactions then entering the data manually is usually safer.

> > Banks are also starting to discontinue supporting downloads into QB or =

are

> > now charging a fee to do so.

> Some of our individual cards have 50+ transactions per month, and to

> re-enter it all by hand is hours of work by someone who makes $35/hour an=

> is error prone as well. =A0 =A0 =A0So paying a bank $20 to $30/month for =

> *reliable* data download is very much in budget for us.

> --

> Will

Posted by Will on July 5, 2008, 1:53 am

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Take a look at Baystate Consulting's 01 Transaction Pro Import Wizard
which uses the QuickBooks SDK (software development kit) and not IIF
files at http://www.baystateconsulting.com/products.htm.

It is just a hassle to train people to download files. You have to
designate a holding place for them. Then you have to train people who
don't understand file system concepts well how to locate it and train them
to follow naming conventions, etc.

Then there is the issue of designing a business process to prevent the same
transactions getting entered twice.

Then there is the issue of where do you store files when the transactions
have been entered.

Then there is the issue of how do you determine when transactions have been
missed.

Using any form of intermediate file always means more hassle and more
potential for errors.

--
Will

> >> Besides the Platinum Plus downloads (Intuit's "Quickbooks Credit

> >> Card"),

> >> does anyone know of banks that have good real time integration with

> >> Quickbooks that allow you to download the charges from a server

> >> directly

> >> to your credit card accounts, and NOT transfer that information

> >> indirectly through a CSV file? I want the person reconciling those

> >> accounts to go through the standard Quickbooks UI for reconciling

> >> downloaded charges.

> > You might be better off having your client manually enter the

> > transactions

> > into QB rather than using the download process. Many people have

> > reported

> > that the download process does not always work well. There seems to be

> > something different with the credit card downloading process that makes

> > it

> > error prone. As a result, transactions don't always download or worse,

> > duplicate transactions happen. Unless you are talking a massive amount

> > of

> > transactions then entering the data manually is usually safer.

> > Banks are also starting to discontinue supporting downloads into QB or

> > are

> > now charging a fee to do so.

> Some of our individual cards have 50+ transactions per month, and to

> re-enter it all by hand is hours of work by someone who makes $35/hour and

> is error prone as well. So paying a bank $20 to $30/month for a

> *reliable* data download is very much in budget for us.

> --

> Will