I appreciate you ensuring that your transactions match your bank statements accurately, Office314. Discrepancies between your cleared and ending balances often arise from outstanding and incorrect data entries or issues from earlier reconciliations. Allow me to elaborate more on this.
In QuickBooks, clearing transactions dated outside the period will change the Cleared Balance and will cause a difference to your overall entries. These balances should always equate to the Ending Balance after clearing all transactions.
Thus, it's best to ensure beginning and ending balances are correct and to only clear the transactions that belong to the reconciliation period.
You can also run a reconciliation discrepancy report to review and identify the specific entry causing the imbalance. To do these:
- In your QuickBooks Online account, navigate to Reports and enter Reconciliation Reports.
- This will direct you to the History by Account page under the Reconcile tab.
- Choose Checking under the Account dropdown.
- Then, review all entries and edit the transaction as needed.

If the discrepancy is significant and you want to ensure the accuracy of your books, I suggest consulting with an accountant first.
Alternatively, you can seek additional guidance from our QuickBooks Live Expert Assisted team to help resolve the reconciliation discrepancy.
Additionally, you can visit these references to guide you in managing your reconciliations:
These detailed inputs will help you complete your reconciliation tasks, Office314. Reply to the comments below for any additional assistance. Keep safe.