To reconcile QuickBooks with your bank report, make sure all transactions are added in the register. Missing or duplicate entries can cause discrepancies during the reconciliation process.
To avoid this from happening, compare the items in the Chart of Accounts register with the data from the bank website. Make necessary corrections by adding or excluding transactions to get the correct balance.
Once everything is in sync, you can now reconcile the account without any issues. Here's how:
From the left panel, click Accounting.
On the drop-down menu, choose the specific Account.
Enter the Ending balance and also the Ending date.
Hit Start reconciling.
Match your QuickBooks Online to your bank statement.
When the Difference becomes Zero(0) it means that it already matches.
Under the Save for later button, click the drop-down arrow and choose Finish now.