To complete this exercise, you must be in the Sample company. From your QBOA account, click on the Gear icon on the top right corner of the screen, then select Sample company.

Note that you will be logged out of your current account. If you are sure, click "Continue" to confirm. 

To begin, use [this link](https://intuitproadvisorstorage.blob.core.windows.net/$web/filestore/documents/Bank_rules_file_22.xlsx) to download the Sample Rules file from Intuit.

Once downloaded, you will need to open the file and save as in a different format; otherwise, QBO will not recognize the file during the import.

In order to save the document, click "Save as" in the spreadsheet, then change the file format to "Excel 97-2003 Workbook (\*xls)". Click "Save" again. This new version is the one we will use for the import.

From the left navigation bar, hover over Transactions, then select "Rules".

Click "Go to rules".

*Note that you will only see this step if this is your first time visiting the Rules tab.*

Click the down arrow next to New rule, then select "Import rules".

Click "Select the file to upload" box and select the file you downloaded at the beginning of the exercise from your computer files.

*Be sure to select the file in the "Excel 97-2003 Workbook (\\\*xls)" format.*

Since we want to import all three rules, click "Next".

Note that "Hall Properties Rent" does not have a matching Payee, and "Car" does not have a matching Category in Craig's account. You will need to match these to similar ones in Craig's account.

In the Hall Properties Rent field, select "Hall Properties".

All three rules have successfully been imported.

Now, let's see how the Hicks Hardware rule is applied.

QuickBooks

Intuit

QuickBooks is a widely-used accounting software developed by Intuit, designed to simplify financial management for businesses of all sizes. It provides a user-friendly platform for tasks like invoicing, expense tracking, payroll processing, and generating financial reports. QuickBooks automates many financial processes, making it easier for businesses to monitor their financial health, prepare taxes, and manage cash flow. With its various versions and integrations, QuickBooks caters to the needs of freelancers, small businesses, and larger enterprises, offering a flexible and comprehensive solution for efficient accounting and financial management.

app.qbo.intuit.com

fastandeasyqbo.com

Scenario: You work with another client that does a similar function as Craig. In the other client's QBO account, you have set up some bank rules that you would feel would work well in Craig's account as well. You have already exported the rules from the other account.

How would you import them?

A.2.8 Importing Bank Rules