cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Everything you need to know about banking in QuickBooks Online - Discover more
NicolaJP
Level 1

Reconciling a Credit Card

Hi, I'm new to bookkeeping and Quickbooks Online.

 

Please could someone explain what the difference is between a Credit Card Statement balance and a cleared balance when reconciling?

 

Many thanks,

Nicola

1 REPLY 1
Becky29
QuickBooks Team

Reconciling a Credit Card

Hello NicolaJP, Welcome to the Community :waving_hand:🥳, You're cleared balance is the balance that you have selected/ticked within the reconciling & opening balances. The statement balance is what you have told the system what is on your statement. Select the link to our Community page you may find useful tips on reconciling. Any questions don't hesitate to ask :smiling_face_with_smiling_eyes:

Need to get in touch?

Contact us