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Bill Pay stopped payment of a check in a bank account that was already reconciled, my reconciliation is out of balance

 
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QuickBooks Team

Bill Pay stopped payment of a check in a bank account that was already reconciled, my reconciliation is out of balance

Let me share some insights on how voiding or deleting a transaction impacts your reconciled account, @LarryBrown.

 

 Deleting previously reconciled transactions can throw off your beginning balance. On the other hand, if you opt to void the transaction, it will only change the amount of the original transaction to zero (0.00). However, it will still show a record of the transaction in QuickBooks.

 

I recommend contacting your accountant to help you undo the reconciliation. That way, your beginning balance will be corrected.

 

Here’s an article that will give you additional insights about reconciliation: Reconcile Hub.

 

Keep me updated on how this goes or if you have any questions. I’m always here to help. Take care!

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Moderator

Bill Pay stopped payment of a check in a bank account that was already reconciled, my reconciliation is out of balance

Hello @LarryBrown

 

You have the option to voice the check to fix the balance of reconciliation since the payment hasn't yet been posted in your bank statement. But I'd still recommend contacting your accountant for additional assistance with your bank account reconciliation.

 

That being said, let me show you how you can void the check:

  1. Go to Accounting.
  2. Select the bank account where you wanted to start the reconciliation.
  3. Under ACTION, select View register.
  4. Find and open the check with unprocessed payment.
  5. Choose More.
  6. Select Void.
  7. Click Yes.

Additionally, you might also find this article helpful for the steps in reviewing a report after your reconciliation: How do I view, print, or export a reconciliation report?

 

If you have any other questions, please let me know in the comments below. I'll be here to help. Stay safe!

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Level 2

Bill Pay stopped payment of a check in a bank account that was already reconciled, my reconciliation is out of balance

I voided the check; however, the bank account was reconciled before the "void".  Now my reconciliation is off.

Highlighted
QuickBooks Team

Bill Pay stopped payment of a check in a bank account that was already reconciled, my reconciliation is out of balance

Let me share some insights on how voiding or deleting a transaction impacts your reconciled account, @LarryBrown.

 

 Deleting previously reconciled transactions can throw off your beginning balance. On the other hand, if you opt to void the transaction, it will only change the amount of the original transaction to zero (0.00). However, it will still show a record of the transaction in QuickBooks.

 

I recommend contacting your accountant to help you undo the reconciliation. That way, your beginning balance will be corrected.

 

Here’s an article that will give you additional insights about reconciliation: Reconcile Hub.

 

Keep me updated on how this goes or if you have any questions. I’m always here to help. Take care!

View solution in original post

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