Hello there, harsh08.
I can help you determine the difference between the balance showing bank recon and the one in cashbook and assist you in finding a resolution.
May I know which balance you're referring to from your bank recon? Is it the beginning or ending balance? I'll provide more details on this.
When using QuickBooks Online (QBO), the beginning balance refers to the initial balance of an account or transaction at the start of a financial period. It represents the balance before any new transactions or changes were recorded in QBO. You typically enter it when you first set up an account or start using QBO.
The Ending balance would be the amount in the account after reconciling it from the previous month or a specified period.
In addition, in QuickBooks, the term "in QuickBooks Balance" is the balance displayed within QuickBooks software for a specific account. It represents the calculated balance based on the transactions entered into QuickBooks.
Moreover, here are some resources with comprehensive information on how to reconcile an account and fix any issues that might arise:
Feel free to reach out if you need further assistance with your QuickBooks balances or other relevant concerns. I'm here to help.
