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I'd be glad to help you reconcile your account in QuickBooks Online, @gorlyntodd.
Reconciling your previous year's bank accounts in QuickBooks ensures transaction accuracy. The dates associated with bank transactions and reconciliations are crucial for maintaining the integrity of the accounting records. Avoid altering these dates, as doing so can result in inaccuracies and inconsistencies in the financial data.
You can choose to reconcile your previous year's accounts on a yearly basis. This methods will ensure that your opening and ending balances are correct. However, please be aware that this may impact your current year's account balances. Therefore, I also recommend consulting your accountant to receive further guidance on the process and to monitor your books.
I'm also adding this article to further guide you in fixing any possible issues when reconciling accounts in QBO: Reconciling accounts in QuickBooks Online. It also includes some of the possible causes of ending balance issues.
Then, to have a copy of your reconciliation for the previous period, you can pull up a reconciliation report.
Keep me posted if you still need further assistance doing reconciliations or anything else about QuickBooks. I'd be glad to assist you at any time. Stay safe there.
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