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Everything you need to know about banking in QuickBooks Online - Discover more
harsh08
Level 1

Difference in bank recon report and ledger balance

 
1 REPLY 1
GebelAlainaM
QuickBooks Team

Difference in bank recon report and ledger balance

Hello there, harsh08.

 

It's my pleasure to share information about your concern about managing reports in QuickBooks Online (QBO).In QBO, the Reconciliation reports show a list of your reconciliations, with links to individual reconciliation reports. While, the General Ledger report shows the beginning balance, transactions, and total for each account in your chart of accounts.

 

With that, the account you've reconciled should show in the reconciliation reports its total balance the same as the total balance in the General Ledger report. Since the balances are different, you'll want to review the report, especially the reporting period and the names of accounts that were reconciled and that show in the Ledger.

 

Once checked and everything's good, feel free to come back and provide us a screenshot so we can visually check why they have a different balance.

 

You can visit our articles if you need help with other tasks in handling your QuickBooks account: QuickBooks Online articles page overview.

 

Tag me in the comment section for clarification or additional concerns about managing your financial reports. I'm always here to help you.

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