This article provides a visual example of how the Summary Sync works with QuickBooks Online for Multiple locations.
- Summary Sync creates one Journal Entry for each CoreBridge Reconciliation. The end result is a journal entry per location (indicated by class tracking in QuickBooks).
- The lump sum amounts from page 2 of each Reconciliation will post as lines on the journal entry to the corresponding account. Each line on the journal entry has a column with class indication.
Viewing Journal Entries
In QuickBooks, the journal entries can be viewed under the customer named CoreBridge Import. The customer record is created automatically during your first sync.
A version of QuickBooks online that supports class tracking is needed for multi-locations to sync properly.
First, a reconciliation for each location must be done. We recommend doing this at the end of each business day.
Both entries, one for each location syncs over when the sync is run.
Here are the journal entries when they sync over to the "CoreBridge Import" customer in QuickBooks.
When the journal entry is opened it will show the class indication.
Reports can be run in QuickBooks by Class.
Some account registers (ex: undeposited funds and tax) will also show class indications.
For further instruction on how to use class tracking in QuickBooks, we recommend speaking to your accountant or consulting with QuickBooks support.