Skip to main content

Get 50% OFF QuickBooks for 3 months*

Buy now
Switch to QuickBooks and 70% off for 3 Months
January 23, 2019
Question

How do I change the beginning amount when reconciling?

  • January 23, 2019
  • 1 reply
  • 18 views
No text available

1 reply

Kristine Mae
Moderator
January 23, 2019

I've got your back, k-wright-aps.

 

Let's get the beginning balance changed/corrected.

 

If the account has never been reconciled, here's how you can change it:

  1. Click Accounting, then choose Chart of Accounts.
  2. Look for the bank account, click the View register drop-down arrow, then choose Edit.
  3. Change the amount in the Balance field, then click Save and Close.

If it has been previously reconciled, here are the most common causes of the discrepancy:

  • A previously reconciled transaction is deleted.
  • A reconciliation status is changed in the register.
  • The opening balance is incorrect.

You can check this article for the steps on how to fix it: Make an incorrect reconcile opening balance match the bank statement.

 

I'm just around if you need more help. Just tag me and I'll get back to you as soon as I can. 

March 4, 2024

i HAVE SP  fEBRUARY OPENING BALANCE IN qUICKEN DOESN'T MATCH RECONCIALITION STATEMENT.ENT 12 HOURS RECONCILING 8 MONTHS.!

Level 10
March 4, 2024

QuickBooks Online (QBO) and Quicken are two different platforms, and each has its own way of reconciling accounts, qUICKENWORKER. We'll route you to the best help available that can assist you in completing your task.

 

Since you encountered issues reconciling your account in Quicken, we'd recommend contacting their support to facilitate you in fixing your beginning amount and accomplishing the process.

 

Also, if you want to bring your Quicken data into QBO, you might find this article handy to guide you: Move your Quicken data to QuickBooks Online.

 

Please let us know in the comments if you have issues reconciling your accounts in QuickBooks. We're always here to assist. Have a great day.