Depositing previous year (2018) cash in 2019. How to reconcile previous year?

I'll help you with your reconciliation concern, Jim.

QuickBooks reconcile transactions based on the date of the bank statement. Since the deposit was made in 2019, the reconciliation will also be reconciled in the same year. Also, since it was already recorded in 2018, we should not record this again to avoid duplicate transactions.

For references, here's an article that you can read on: Reconcile Hub

Please get back to me if you need more help with reconciliation. 

Hi Joyce;

Thank you for your response. So I would just treat the reconciliation from 2018 with the actual cash not deposited into the Bank until 2019 just as if the cash was deposited in 2018 so i can reconcile 2018.

Regards,

Frank

Hi  Joyce_P;

So I can just continue to reconcile 2018 and just match up the cash deposited in the bank made in 2019? I did not plan to make duplicate entries.

Regards,

Jim

Thank you Joyce

Thanks for the love, @shyc.

Glad to hear that everything works on your end. With the right tools, any business owner can take charge of their finances and reconcile their accounts. 

For additional insights about the reconciliation process, I’ve added a video tutorial for you:

More handy tools that will let you explore the full potential of QuickBooks Online are in store for you, so be sure to check out our Community page: https://quickbooks.intuit.com/community/Help-articles/ct-p/help-articles-us?label=QuickBooks%20Onlin....

Always feel free to reach out to us if you have other questions about managing and reconciling your cash deposits. I'm always here to help.