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Level 1

My past bookkeepers have reconciled manually. Trying to reconcile and it shows last reconciled 5 years ago. Can I enter a beginning balance and reconcile from there?

 
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QuickBooks Team

My past bookkeepers have reconciled manually. Trying to reconcile and it shows last reconciled 5 years ago. Can I enter a beginning balance and reconcile from there?

Yes, you can enter a beginning balance, Blood1. 

 

We can enter a deposit to record the beginning balance. We can either record it through the bank's register or through the Make Deposit window. 

 

Bank register 

  1. Go to the Company menu and click Chart of Accounts
  2. Double-click on the bank.
  3. Enter the deposit details and enter the amount under the Deposit column.
  4. Select Record

Make Deposit 

  1. From the Banking menu, click Make Deposits
  2. Record the deposit information.
  3. Click Save & Close

Once done, we can proceed in reconciling the account. You can check out these resources for reference:

Let me know if there's anything else that you need help with. 

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