why does RECONCILE not work correctly

Hi The Old Oracle We haven't had any reports of the reconciliation tool not working correctly. To confirm, one day you attempt a reconciliation and there is a discrepancy but you then attempt the reconciliation the next day and there isn't a discrepancy? Have any further transactions been added to the chart of account that you're reconciling which would make the reconciliation be correct the next day?

There may be entries the next day, and an updated Bank balance, which now (usually) shows correct.

I used to waste time looking for a difference (which was not there), until I realised the Program was wrong.

Hi The Old Oracle, it's normal for pending transactions to be accounted for in the bank balance before they are fully processed by the bank and posted as a transaction in QuickBooks - if you have a discrepancy in the future, we'd therefore recommend checking your online bank for any transactions that may still be processing. :)

This would appear to be counter-intuitive.

Reconcile should check that entries have been entered correctly.

If this is the fault of the Banks I guess this is outside Quickbooks control.