Using QuickBooks with the Internet

Connecting QuickBooks' to the Internet can reduce your data entry by allowing you to download transactions directly from your bank or financial institution.

Setting up an Internet connection
From the Help menu, choose Internet Connection Setup. Follow the instructions to set UP your cur-rent Internet connection for use with QuickBooks" or to set up service with an Internet Service Provider.

On-Line Banking and Internet Banking
Internet banking involves opening an account with a bank that does business on the Internet. All business transactions are done remotely via the Internet. This includes activities such as:

Transferring funds from one account to another
To transfer funds on-line, you follow the same process you would use to transfer funds between any two QuickBooks' accounts and then send the instruction to your financial institution. Both accounts must be on-line accounts at the same financial institution.

On-line account access is a service that lets you electronically communicate with any participating financial institution in order to execute financial transactions from within QuickBooks. You can check your account balances, transfer funds from one account to another (at the same financial institution) and download cleared transactions from a checking, savings, money market or credit or charge card account into QuickBooks'. You can also send e-mail to your financial institution.

On-line payment lets you send on-line instructions to pay your bills. If your payee is set up to receive electronic payments, your financial institutions' payment processor transmits the payment to your payee. If your payee is not set up for electronic payments, they will be mailed a check