How to Activate Auto Bookkeeping

Auto Bookkeeping was designed to automatically record Fundbox transactions in your QuickBooks Online, so you don’t have to do it yourself. To learn more about Auto Bookkeeping and how it works, click here

It is important to note that Fundbox will only begin recording transactions once Auto Bookkeeping is enabled. Any past entries for Fundbox transactions will not be retroactively logged.  

To activate Auto Bookkeeping, go to Settings, click on the Payment Method tab, then under Auto Bookkeeping, click Activate Auto Bookkeeping.

 

Now, choose the bank account you currently use with Fundbox and the liability account you use to log Fundbox transactions from the drop-down menus and Save changes.  

*If you haven’t been recording Fundbox transactions in a liability account, but used a different method, please select Create a new liability account and click Save.

 

Note: Once Auto Bookkeeping is enabled, we’ll begin recording Fundbox transactions in the selected liability account starting with the current amount owed to Fundbox, so be sure to check for any mismatch in your books by clicking Check record discrepancies. Click here to learn more.  

That’s it! You’re all set.

 

 

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