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January 23, 2019
Question

How do I change the beginning amount when reconciling?

  • January 23, 2019
  • 1 reply
  • 6 views
No text available

1 reply

Kristine Mae
Moderator
January 23, 2019

I've got your back, k-wright-aps.

 

Let's get the beginning balance changed/corrected.

 

If the account has never been reconciled, here's how you can change it:

  1. Click Accounting, then choose Chart of Accounts.
  2. Look for the bank account, click the View register drop-down arrow, then choose Edit.
  3. Change the amount in the Balance field, then click Save and Close.

If it has been previously reconciled, here are the most common causes of the discrepancy:

  • A previously reconciled transaction is deleted.
  • A reconciliation status is changed in the register.
  • The opening balance is incorrect.

You can check this article for the steps on how to fix it: Make an incorrect reconcile opening balance match the bank statement.

 

I'm just around if you need more help. Just tag me and I'll get back to you as soon as I can. 

March 4, 2024

i HAVE THE RIGHT AMOUNT IN QUICKEN TO START RECONCILING MY ACCOUNT.  THE  RECONCILE SCREEN SHOWS A LARGER STARTING AMOUNT.  WHAT DO I DO?  jgh