Experiencing a reconciliation warning is a sign that a transaction has been deleted or left unbalanced. Let me help you find and correct these in QuickBooks Online (QBO), @MJN6150.
Let's start by reviewing your transactions in your register and then compare them with your bank statement. You can also use the Reconciliation report to identify the discrepancies.
Here's how:
- Go to the Help menu.
- In the Find reports by name, select Reconciliation report.
- Choose the Account and the Report period.
- Then, locate and review your transactions.
Make the necessary changes if you find deleted valid transactions, incorrect amounts, or unrecorded transactions. For further details, check this article to decide what changes you need in the Step 4 section: Review any discrepancy reports.
Please always consult your accounting professional before making any changes to your account. If you don't have one, you can find a professional through this link: Find an accountant.
Additionally, please note that you will still see the alert during your next reconciliation. Upon accessing the discrepancy report, the deleted transaction will still be on the list, and the difference should be $0.00. Nonetheless, this will not impact the next reconciliation process.
After reviewing that the ending balances still don't match, or if you need to run a report, refer to these articles for additional guidance.
Don't hesitate to post again if you have other questions about correcting discrepancies. I'm always here to help. Take care.
