25d (edited) • 📗 QuickBooks
Banking change Quickbooks Australia
QuickBooks is showing this message because Australian banks are shutting down the old bank feed system and moving everyone to the new Open Banking (CDR) feeds.
Your current feeds will stop working on 31 May 2026 unless they’re reconnected.
The ‘check readiness’ step simply confirms whether your bank is approved for the new Open Banking feeds — it’s checking the bank’s status, not your accounts.
Once your bank is on the approved list, you just need to reconnect each bank account in QBO using the new Open Banking option. It’s a one‑off update and only takes a couple of minutes. This keeps your automatic bank feeds running.
FYI Xero will be doing the same thing. The deadline of 31 May is a QBO deadline not a universal one.
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Banking change Quickbooks Australia
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