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swalters2
Level 1

I have uncleared transactions dating back to as far back as 4 years ago on my bank rec - how do I get rid of these?

 
9 REPLIES 9
GeorgiaC
QuickBooks Team

I have uncleared transactions dating back to as far back as 4 years ago on my bank rec - how do I get rid of these?

Hey swalters2, 

 

Thanks for you post and welcome to the community. 

 

Have you reconciled this bank account at all in QuickBooks Online?

swalters2
Level 1

I have uncleared transactions dating back to as far back as 4 years ago on my bank rec - how do I get rid of these?

Hi there,

 

Yes I have reconciled the bank rec. I've taken over the accounts in this company and they had transferred from Desktop to Online about 6 months or so, and I think that this is where all these uncleared balances are coming from. If I go into the account history and mark the uncleared amounts as reconciled then my subsequent bank rec's starting balance is then out by this amount. Is there something I can do about this or do I just need to accept that my starting balance will be out by these amounts for one period that I reconcile?

 

John C
QuickBooks Team

I have uncleared transactions dating back to as far back as 4 years ago on my bank rec - how do I get rid of these?

Hi swalters2

 

We presume you manually reconciled the uncleared payments and that the beginning balance of your next reconciliation was correct before doing so?

swalters2
Level 1

I have uncleared transactions dating back to as far back as 4 years ago on my bank rec - how do I get rid of these?

No, if I manually reconcile them then my starting balance for my bank rec is out. I have continued with the practice that was being followed when I started - completing my bank recs but continually having these uncleared transactions still sitting there on it

 

John C
QuickBooks Team

I have uncleared transactions dating back to as far back as 4 years ago on my bank rec - how do I get rid of these?

Hi swalters2

 

Are the uncleared payments making up part of your actual balance/meant to be there?

craneprop
Level 1

I have uncleared transactions dating back to as far back as 4 years ago on my bank rec - how do I get rid of these?

I'm having this same problem and I can't figure it out.  The uncleared transactions are needed and did actually hit  the bank account.  There are no duplicate transactions either.  I can't manually change them to R, or my beginning balance of the next recon is off and I can't delete them because that throws me off too.  Help please.

John C
QuickBooks Team

I have uncleared transactions dating back to as far back as 4 years ago on my bank rec - how do I get rid of these?

Hi craneprop

 

If the uncleared transaction are populating in the chart of accounts, are actually part of the balance and not duplicated then it may be that the account has been incorrectly reconciled. 

You will have to contact an accountant that uses QuickBooks and ask them to un-reconcile the account to enable you to reconcile it correctly.

SM02
Level 1

I have uncleared transactions dating back to as far back as 4 years ago on my bank rec - how do I get rid of these?

Hi 

 

I have similar situation

 

At year end we have 2400 for outstanding cheque. As a result closing balance reduced from the statement balance 34450 to 32050. Can someone please advise what to do when putting opening balance for the following year.

 

Cheers

GeorgiaC
QuickBooks Team

I have uncleared transactions dating back to as far back as 4 years ago on my bank rec - how do I get rid of these?

Hi SM02,

 

Thanks for joining in on this thread. 

 

To clarify, was this cheque entered in QuickBooks? Is it due to be cleared in the following financial year?

 

 

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