Connecting U.S Treasuries to Quickbooks
Last updated: February 7, 2025
To connect your account, follow these steps:
Navigate to https://app.meow.co/integrations and click “Connect” next to “U.S Treasuries”.
Select the date from which to start syncing transactions. By default, Meow will sync all transactions from the date of the first deposit into the U.S Treasuries account. If you’ve done your own bookkeeping up to a later date, you may select a later date to start syncing transactions from.
You will be prompted to log in to Quickbooks and select the Quickbooks instance to connect Meow too.
Meow writes transactions as Journal Entries to Quickbooks at 8am US/Eastern time on a daily basis so transactions may not appear right away after connecting.
When connecting Meow to your Quickbooks instance, Meow will automatically create several new accounts in your chart of accounts including:
Quickbooks Account Name | Account Type | Description |
Brokerage Cash (Meow) | Bank, Cash On Hand | Uninvested cash held in your brokerage account at BNY Mellon Pershing. |
U.S Treasury Bills (Meow) | Other Current Asset, US Government Obligations | The value of the active U.S Treasury positions you hold marked to market on a monthly basis. |
Transfer/Withdrawals to Brokerage Cash (Meow) | Other Current Asset | Offset account for bank transfers to/from your brokerage account at BNY Mellon Pershing. We recommend matching Transfers to this account in your Quickbooks Bank Transactions view. |
Investment Gains and Losses | Other Income, Other Investment Income | Offset account for changes in value to U.S Treasury Bills (Meow). Changes in investment value are recorded on the first day of the month on a mark. |
Interest Earned | Other Income | Interest accrued from uninvested cash balances. |
Management fees (Meow) | Other Expense, Other Miscellaneous Expense | Management fees paid for advisory services on U.S Treasuries balances. |
These accounts may be renamed and numbered at your discretion.
Some example Journal Entries you'll see from the integration:
Buying A T-Bill:
Debit: "U.S Treasury Bills (Meow)"
Credit: "Brokerage Cash (Meow)"
End of month mark to market a gain for a position:
Debit: "U.S Treasury Bills (Meow)"
Credit: "Investment Gains and Losses"
Withdraw from your brokerage account:
Debit: "Transfer/Withdrawals to Brokerage Cash (Meow)"
Credit: "Brokerage Cash (Meow)"