BANK RECONCILATION

2 replies
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I’m reconciling bank and have a question. Service charges always entered in the window “begin reconciliation” under service charge tab. My deposit/credits and checks/debits transaction quantities on the bank statement matches to quantities under items have been marked cleared in QBD. I’m ready to click reconcile now but under difference tab I have my service charge amount and under service charge tab I have same amount. Service charge is always automatically entered in the system once the month is reconciled. What am I doing wrong here? Thank you

QuickBooks Desktop

BigRedConsultingAnswer

Level 15

It sounds like maybe the service charge was already entered in your bank register, before you started the reconcile process.

If so, then don't enter it again as you start the reconcile process as that'll just add another charge, duplicating the one you have already entered.

BigRedConsultingAnswer

Level 15

It sounds like maybe the service charge was already entered in your bank register, before you started the reconcile process.

If so, then don't enter it again as you start the reconcile process as that'll just add another charge, duplicating the one you have already entered.

Zhanna2022Author

Thank you, yes you are correct. it was entered already. I had to undo reconciliation and didn't realized that it was already entered.

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