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Level 1

Discrepancy in Dashboard Bank Balance.

Hi All

I have a Commercial card on direct bank feed. My bank statement shows a balance of 4716.44.

on the dashboard the QB balance is 4716.44 but the dashboard shows the bank balance as -4653.68 can anybody explain this. these values do not add up to amount available etc. I have matched every transaction from the opening balance to final balance. the bank matches the QB Balance but the dashboard bank balance is out. 

 

 

 

 

 

1 Comment
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Moderator

Discrepancy in Dashboard Bank Balance.

Let me help share some information about QuickBooks bank balances, cbarratt.

 

There are several factors why the balances vary. Among these are the following:

  • Outstanding transactions
  • New transactions for a connected account
  • Duplicate transactions
  • Edited or deleted transactions
  • Credit card (liability) account

To know the different troubleshooting steps on how to fix the discrepancy based on the scenarios above, you can refer to this article: How to Fix Differences Between QuickBooks balance and bank balance.

 

For future reference, you may find this article helpful: Reconcile hub.

 

You can always get back to me on how things go by leaving a comment below, so please don't hesitate to reach back out. Have a wonderful weekend.