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Jul 25, 2022 6:43 PM UTC
Question

bank recon

Beginning balance, deposits, checks and ending balance all in balance and correct.  How is it possible to have a difference?

 

2 replies

BigRedConsulting
Level 15
Jul 25, 2022 11:18 PM UTC

It's not possible. It's possible you've transposed some a number somewhere.

MaryLandT
Level 10
Jul 26, 2022 12:15 AM UTC

Hi there, Kim Silva.

 

There's a possibility that your data file may be damage or corrupted. To fix the difference, you can perform some basic data troubleshooting steps on your company file.

 

Let's starting by using the Rebuild Data tool to automatically fixes minor company file data issues. Here's how:

 

  1. Go to the File menu, then hover over Utilities and select Rebuild Data.
  2. On the QuickBooks Information window, select OK. Follow the onscreen steps to save a backup.
  3. Let the tool repair your file. It may take some time. QuickBooks may seem stuck, but as long as you can move your mouse, the tool is working.
  4. When the tool finishes, select OK.
  5. Go to the File menu, then hover over Utilities and select Verify Data.
  6. Let the tool check your file for data issues.
     

If QuickBooks doesn't find any problems, click OK. You can go back and reconcile again the bank account. If there's an issue with your company file, select Rebuild Now, then reconcile again your bank.

 

I'm also adding these articles to help you fix discrepancies while reconciling bank accounts.

 

 

Let me know if there's anything else you want to add about the bank difference. Just leave a comment below and I'll get back to you.