How to Connect Rho to your QuickBooks Bank Feed

You can link your Rho account to your QuickBooks Online instance via the QuickBooks Bank Feed.

The following data will be sent from Rho to QuickBooks for both banking and card transactions.

Name‍ Example ValueDescription
id “8fe55f65-b5f0-42bb-b049-02aca4ba12f0” ID that refers to a particular transaction at Rho
date “2023-07-01” Date that corresponds to what the Rho customer sees on his/her bank statement
description “Google, INV AY2304832 HWV230928-2388” Corresponds to the sender or recipient in a transaction, appended with the memo/reference that appears within a Rho bank statement
amount_cents “11115” Amount of the transaction in cents, e.g. 11115 for $111.15
type “credit” Money flow direction as the transaction appears in Rho’s banking statements
status “posted” “Posted” refers to “settled” within Rho

How to generate a token

In your Rho dashboard, navigate to User Settings, by clicking on your name in the top right corner.

In the User Settings page, scroll down to the Access Tokens section and click Generate New Token.

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In the integration dropdown, select Quickbooks and then click Generate.

In the following pop-up window, you’ll see your new token. Copy the token to use in Quickbooks.

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Note: Tokens are associated with a particular user. Once token is generated, copy and store in safe place; cannot be re-accessed

Connecting in QBO

As an Admin, navigate to Bookkeeping > Transactions > Bank Transactions, then click Link Account.

To watch a walk through of how to connect your bank account, click here.

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First, search “Rho” in the first window. (Note: you will need to scroll down a bit)

Select Rho and then add the token you generated above.

After successful connection you will be required to select from which Rho checking account you would like bank transaction information to originate from.
Then select an existing or create a new account in QBO where the transactions will post.

Choose the date start range you would like transactions to come in from.

You will now see your transactions from Rho ready for you to Confirm & Review.

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How to revoke a token

You can revoke a token by navigating to the User Settings page > Access Tokens and clicking the three dots next to your active token, then select Revoke.

Revoking a token will stop the flow of transactions into Quickbooks Online.

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Using QuickBooks with Rho
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Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank N.A., member FDIC. Savings account services provided by American Deposit Management Co. and its partner banks. International and foreign currency payments services are provided by Wise US Inc. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party.
The Rho Corporate Card is issued by Webster Bank N.A., member FDIC pursuant to a license from Mastercard.
Investment management and advisory services provided by RBB Treasury LLC dba Rho Treasury, an SEC-registered investment adviser and subsidiary of Rho. RBB Treasury LLC facilitates investments in securities: investments are not deposits and are not FDIC-insured. Investments are not bank guaranteed, and may lose value. Investment products involve risk, including the possible loss of the principal invested, and past performance does not future results. Registration with the SEC does not imply a certain level of skill or training. Treasury and custodial services provided through Apex Clearing Corp. ("Apex") and Interactive Brokers LLC ("Interactive"), registered broker dealers and members FINRA/SIPC. Interactive rates may vary from Apex rate shown above. For additional information about investment management and advisory services provided by Rho Treasury, please refer to Rho Treasury’s ADV-2A Wrap Fee Brochure.
             
This material presented is for informational purposes only and should not be construed as legal, tax, accounting or investment advice. Under no circumstances should any of this material be used for or considered as an offer to sell or a solicitation of any offer to buy an interest in any securities. Any analysis or discussion of financial planning matters, investments, sectors or the market generally are based on current information, including from public sources, that we consider reliable, but we do not represent that any research or the information provided is accurate or complete, and it should not be relied on as such. Our views and opinions are current at the time of publication and are subject to change. You should consult with your attorney or relevant professional advisor for advice particular to your personal or business situation.
                  
Rho Treasury is not insured by the FDIC. Rho Treasury are not deposits or other obligations of Webster Bank N.A., or American Deposit Management Co.’s partner banks, and are not guaranteed by Webster Bank N.A., or American Deposit Management Co.’s partner banks. Rho Treasury products are subject to investment risks, including possible loss of the principal invested.
*This reflects the sought net yield based on 90-day Treasury Bill rates as of [DATE] and an annual fee which ranges from 0.15% for deposits of $20M or more to 0.6% (the maximum annual fee) for deposits under $2M. Individual results may vary depending on the actual investment date and investment products selected. Past performance is not a guarantee of future performance results. The yield is variable and fluctuates without prior notice. The rate shown is net of fees. The amount of Treasury Bills available at a particular yield will depend upon the sellers’ offer size; any remaining cash balance after the purchase may not earn the same yield.
© 2019-2024 Under Technologies, Inc. DBA Rho Technologies. Rho is a trademark of Under Technologies, Inc.

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Rho is a fintech company, not a bank. Checking and card services provided by Webster Bank, N.A., member FDIC; savings account services provided by American Deposit Management Co. and its partner banks.