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AndrewS3
Level 1
posted
‎May 11, 2021 12:30 PM
last updated ‎May 11, 2021 9:30 AM

Bank reconciliation of an account from 2015

I am trying to reconcile an account that was last reconciled in Quickbooks in October of 2015. I am new in this position, and it appears as if they have been doing bank recs on paper ever since then, and do not have many of the older reconciliations anymore. Furthermore, I can only receive bank statements dating back to July of 2019. 

 

What would be a good way to correct my opening balance in QB up to July 0f 2019, so that I can properly begin reconciling the account. Again, I can't access bank statements before then and many of the old paper reconciliations have been disposed of. 

Any insight on this would be appreciated.

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1 Comment 1
Tammy_H
QuickBooks Team
QuickBooks Team
‎May 11, 2021 02:04 PM

Bank reconciliation of an account from 2015

Hi AndrewS3,

 

Congratulations on your new position. I know coming into someone else's system can be challenging. QuickBooks Desktop is a powerful program that encompasses a system for reconciling your accounts. I want to ensure you get the support you require.

 

Here are some articles that go over the reconciliation workflow, creating adjustments and fixing issues when reconciling you may find helpful:

In the case that you're still unsure of how to proceed, I suggest contacting an accountant. They're experts in the accounting field and can advise you on the best solution for your specific situation. If you don't have an accountant, I can help you find one through this link:

Find an Accountant.

 

I'm certain you'll be all caught up in no time. If you have any questions about the QuickBooks Desktop program, you can reach out here in the QuickBooks Community. I'm here to help. Good luck with your new job.

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