There are several reasons why the bank balance doesn't match your QuickBooks balance, info853.
The bank balance is the figure retrieved from your financial institution, while the In QuickBooks balance consists of transactions added and reconciled in your register. These amounts will not match due to the following:
- Outstanding entries
- New transactions for a connected account
- Duplicate transactions
- Edited or deleted transactions
- Credit card (liability) account
To fix the difference, categorize or match your financial activities accordingly and make necessary adjustments based on your actual statements.
If you want to review or obtain a copy of the summary of your past reconciliation, browse this material anytime: View, print, or export a reconciliation report in QuickBooks Online.
Feel free to write down any future concerns in this thread, whether you have questions about your balances or when managing transactions in QuickBooks Online. We're always ready and eager to assist you in the Community!
