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mjr0411
Level 1

Does everything on your bank reconciliation show up on your income statement regardless if it is reconciled?

 
3 Comments 3
JessT
Moderator

Does everything on your bank reconciliation show up on your income statement regardless if it is reconciled?

Hi mjr0411!

 

Thank you for posting in the Community this lovely evening! I'm happy to answer your question.

 

As long as you categorize the transactions as income or expenses, they will show up in your income statement whether they are reconciled or not. Would you mind telling us why you asked this or anything that you're concerned about?

 

Speaking of reconciliation, I'm including this article for your reference: Reconcile an account in QuickBooks Online.

 

I'll be here if you need further assistance. Take care always!

mjr0411
Level 1

Does everything on your bank reconciliation show up on your income statement regardless if it is reconciled?

I was asking because it appears, even though all transactions are bank fed, there is missing revenue.   So, where did these transactions go ? 

Rose-A
Moderator

Does everything on your bank reconciliation show up on your income statement regardless if it is reconciled?

Hey there, mjr0411.

 

The transactions we receive in QuickBooks depend on the information sent to us by the financial institution. If the statements are all synced in the system, you might want to ensure you're categorizing all revenues to their respective bank account.

 

You can go through the Categorized tab section and check if the revenue is assigned to the correct account.
 

 

I recommend editing, assigning, and categorizing your transactions. Also, you can match them to the existing entries in the software. Doing so will help you ensure the accuracy of your financial records.

 

Let me know how it goes by leaving a reply below. I want to make sure your revenues are accurate. Have a good one!

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