john-pero
Community Champion

Other questions

You certainly can do a single reconciliation as of 12/31/17. I did a single 6 or 7 year recon for a client last year. Rather than allowing QB to post the discrepancy on its own to who knows where I would (after making sure I leave the actual uncleared from 2017 items that cleared in 2018) post an entry to owner equity for the discrepancy