I appreciate you for sharing a detailed information here in the Community, Pilgrimbrent.
You can create a lumpsum reconciliation for 2023. Then, enter the beginning balance for 2024 in the Ending Balance field. This way, it will show as a starting balance when you start the reconciliation for this year.
Here's how:
1. Go to the Reconcile window.
2. Enter this year's beginning balance for this year in the Ending Balance field.
3. Type in the last day of 2023 in the Ending date field.
4. Click Start reconciling.
5. Select all transactions for 2023.
6. Click Finish Now.
You may also receive a prompt that the balance is not zero, depending on how the transactions are recorded. Just click Add adjustment and finish to proceed. The system will create an adjusting entry to zero out the balance.
After that, proceed to start reconciling the transactions for 2024.
Lastly, here's an article that you can browse through for you to be able to know when your bank statement doesn't match at the end of a reconciliation: Fix issue at the end of a reconciliation in QuickBooks Online.
If you need any other concerns about reconciliations or anything else about QuickBooks, feel free to let us know by dropping a comment below. We'll be glad to assist you at any time. Stay safe!
