Bank statement beginning balance does not equal previous month's ending balance.

I've got some steps we can perform to get your bank balance fixed, LuckyLady2.

The Beginning Balance is incorrect due to one of the following reasons:

• No balance or an incorrect balance was entered when the account was set up.
• Previously cleared and reconciled transactions were voided, deleted, or modified.
• The file was converted from a different version of QuickBooks.
• Possible data damage.

To find the transactions causing the discrepancy, we can run the Reconcile Discrepancy report. Here's how: 

1. Go to the Reports menu.
2. Select Banking, then Reconciliation Discrepancy.
3. Choose the appropriate Account, then select OK. You now have a list of transactions that were changed since the last reconciliation. Use this report to identify the transaction/s causing the issue.
4. If you find a discrepancy, note the transaction date and the Entered/Last Modified, which will tell you when the change occurred.

To correct the discrepancy, you may need to re-enter or edit the transactions. We can also undo a previous reconciliation and redo it. Let me show you how: 

1. Back up the QuickBooks company file.
2. In the Begin Reconciliation window, select Undo Last Reconciliation.
3. When prompted, tap Continue then OK.
4. Close and reopen the Begin Reconciliation window.

To provide you other troubleshooting solutions, you can check out this article: Fix beginning balance issues in QuickBooks Desktop. 

Feel free to browse this link here if you need help with other tasks with bank feeds and reconciling accounts. It'll route you to our general payroll topics with articles.

Please know that I'm just a post away if you have any other questions about handling your accounts in QuickBooks. It'll always be my pleasure to help. Have a great day ahead. 

Check written in Jan was entered in Dec. and was showing as cleared. That was the difference.

Thx so much for your help!!

Glad it worked out.  Those kind of issues often are really obvious or they can be a royal pain to find.

I deleted a transaction from 2020 somehow... it's in the discrepancy report.  How do I fix it so that the opening balance in QB actually matches the banks balance. 

Let's work together and solve this,GeoZero

Deleted transactions that had the Reconciled status could mess up your balances. To fix this, you'll need to manually re-create the deleted transactions and reconcile them again.

We can visit the Audit Log to see the specific transaction that was deleted from 2020. Here's how:

1. Go to the Reports Menu. 
2. Click on Accountant and Taxes. 
3. Select Audit Trail.
4. Input the date you want to view the report.

Then, you can use the information displayed to recreate the transactions. Let's make sure to update the status of the transactions in the register to R for Reconciled.

If the opening balance is now correct, you can now start reconciling. If there are any discrepancies, you can check this article to help you fix them: Fix issues for accounts you have reconciled in the past in QuickBooks Online.

Keep your post coming if you need additional assistance while managing your reconciled transactions. I'm always here to help. Have a great day!

I don't have a gear icon as I am in Desktop not online version. 

Anyway... I fixed it just added the transaction again and at the next reconcile it zeroed out.