OUr balance in Quickbooks and on bank statements has the difference of 7,525.59 USD and it is related to some kind of payroll adjustment that was done in Quickbooks.

Good morning, vnassar-i-aps-co.

Thanks for posting your question here in the Community. I'm happy to provide some info about the differing balances in your QuickBooks Online account.

If you haven't already, I recommend first reconciling the account. There are several factors why the bank register balance in QuickBooks Online doesn't match your actual bank balance. These can include:

• Outstanding transactions
• New transactions for a connected account
• Duplicate transactions
• Edited or deleted transactions

Depending on the factors mentioned above, there are different steps to fix the issue. You may want to review the opening balance entry in QuickBooks, then compare it to the actual account register. I'm linking a few articles below that will come in handy:

• Fix issues the first time you reconcile an account in QuickBooks Online
• Fix issues at the end of a reconciliation in QuickBooks Online
• Fix issues for accounts you've reconciled in the past in QuickBooks Online

Please give these tips a try and let me know how things look afterward. I'll be here to help in any way that I can.