Hello there, @queenkate777,
I'll share some steps on how you can identify discrepancies after reconciling your account.
Since you've added invoices after bank reconciliation is done, this maybe the reason that you have reconciliation discrepancies.
To help identify them, you can run several reports in QuickBooks. First, let's generate the Reconciliation Discrepancy report. It shows transactions sorted by statement date that were changed since the last reconciliation. Here's how:
- Go to the Reports menu at the top.
- Select Banking, then choose Reconciliation Discrepancy.
- Choose the appropriate account, then select OK.
- Review the report to identify any discrepancies.
Second, let's run the Missing Checks report since it helps you verify missing transactions. Here's how:
- Go to the Reports menu at the top.
- Select Banking, then choose Missing Checks.
- Choose the appropriate account, then select OK.
- Review the report for transactions that don't match your bank statement.
Third, let's run the Transaction Detail report since it helps you verify transactions that were changed or modified. Here's how:
- Go to the Reports menu at the top.
- Select Banking, then choose Transaction Detail.
- Under the Display tab, choose the Date ranges.
- Under the Filters tab, choose the the account and the date ranges.
- Select OK to run the report.
Fourth, you can also run the Audit Trail report to check the transactions as these were added, changed, or deleted. You can go to Reports menu, then select Accountant and Taxes. Then, choose Audit Trail.
Once a discrepancy is identified, you'll need to make the necessary corrections. I'd suggest consulting your accountant if you need assistance on how to make these corrections.
For more details, you can check out this helpful article: Fix Reconciliation Discrepancies.
This will get you going, @queenkate777. Please come back to the Community if there's anything else I can do for you. I'm always glad to help. Take care always!
