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Jason from the Quickbooks team explains how to review and categorize downloaded transactions in Quickbooks after connecting your bank account to online banking. Transactions are downloaded daily for review and categorization. In the Transactions tab under Business view, select a bank or credit card box to view downloaded transactions. Confirm transactions with suggested categories or review and assign categories manually. Different steps apply for Accountant view, requiring a separate video for guidance. Select transactions to confirm or assign categories for accurate bookkeeping.