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QB beginning balance doesn't match bank statement

The beginning balance doesnt match my bank statment when trying to reconcile, I noticed I deleted a deposit by mistake from a few months ago statement, I  did re-deposited again, but still showing the discrepancy that doenst match the beggining balance with bank statement.  What should I do?

 

 

Betty

1 Comment
Moderator

Re: QB beginning balance doesn't match bank statement

Hello Bookie1,

 

Reconciliation is done to make sure that the account accurately reflects your business transactions. You did great re-adding the deleted deposit. Now, please manually mark it as reconciled. I'm happy to show you how to do this.

 

  1. Go to Lists at the top menu bar.
  2. Select Chart of Accounts.
  3. Double-click the bank account to open the register.
  4. Manually reconcile the deposit by checking it.
  5. Click Record.

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Next, go to the reconcile window to verify the beginning balance.

  1. Select Banking at the top menu bar.
  2. Choose Reconcile.
  3. Review the beginning balance.

image.png

In addition, here's an article you can read to learn more about reconciliation: Incorrect Beginning Balance.

 

In case you need tips and related articles in the future, visit our QuickBooks Community help website for reference: QBDT Self-help.

 

That information should get you back in order, Bookie1.

Let me know the result after performing the steps above. I'll jump right back in to assist if you need anything else. Best regards.

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