At the bottom of this page is the option to Automatically confirm transactions this rule applies to. By selecting this auto-confirmation option, QuickBooks will automatically assign the category (account) based on your selections at the top of the page and will automatically record the transaction in QuickBooks without you needing to review it first. If you would prefer to review all transactions before they are recorded, turn this feature off.
We recommend that you review all banking transactions before they are recorded in QuickBooks. After reviewing transactions for the first couple of months, once you are comfortable they are being categorized correctly, you can always change the bank rules to Auto-categorize and auto-add later on.
If set up properly, bank rules can automatically categorize and record 80% or more of your bank and credit card transactions. If you have a lot of transactions coming through, this will save you hours of time...
