What is a best practice when setting up a new bank feed connection in QuickBooks Online?

• A. Use the default settings without reviewing connection details.
• B. Re-enter credentials only if the connection fails.
• C. Download all previous transactions every time.
• D. Verify and store credentials securely, enable multi-factor if available, and test the connection before relying on it.

Answer: (D)

When you set up a bank feed in QuickBooks Online, security and testing come first. Verifying and securely storing your credentials helps ensure only authorized access to the bank data, which protects sensitive information. If available, enable multi-factor authentication to add an extra layer of protection, making it harder for someone to use stolen credentials. Before you rely on the feed, test the connection to confirm that QuickBooks can reach the bank, download transactions, and map them to the correct accounts. This verification helps prevent issues like missing data or misclassified transactions once you start importing regularly.

Choosing default settings without review can lead to misconfigurations or security gaps. Re-entering credentials only after a failure leaves room for unnoticed changes or compromises. Downloading all previous transactions every time is unnecessary and can cause duplicates and performance issues.