reconciling bank account

Congratulations on working with a new company, alltrademt. Reconciling accounts from May to October can be challenging, so I'll help you enter the deposits and receipts as we go along some steps.

You can manually enter the deposits and receipts into QuickBooks and check them on the reconcile page afterward. Just make sure to match the transactions against what you have on your bank statement. In this case, you may not do a journal entry.

Here's how to do that:

1. Go to the Banking menu at the top portion and select Make Deposits.
2. Choose the payments you want to combine in the Payments to Deposit window. Then click OK.
3. Pick the account where you want to put the entry under the Deposit to dropdown.
4. Check the total and ensure the account and selected payments match the deposit slip from your bank.
5. Enter the date you deposited at your bank.
6. Tap Save and Close.

Additionally, this resource can help you review, delete, and record recurring entries: Record and make bank deposits in QuickBooks Desktop.

Moreover, refer to this article for different ways to add receipts to the program: Upload receipts to QuickBooks Desktop Plus, Accountant, or Enterprise.

Furthermore, I recommend reconciling one statement at a time. You can do it monthly and start with your oldest bank statement. Check out these materials for your guide:

• Reconcile an account in QuickBooks Desktop.
• Reconcile an account for multiple months or years of transactions and financial statements

Save this link to close out your current year and prepare for the new one: Year-end guide for QuickBooks Desktop.

It's my priority to assist in managing your statements effectively or to ease the reconciliation process. Enter other queries about handling your deposits or receipts below. I'll be here to keep you in working order. Keep safe, and stay well.

Thank you for replying quickly. Another question...what if it was reverse and a deposit was entered in QuickBooks and never shown on the previous bank statement from May. Should I just delete the deposit in QuickBooks?

Thanks for the quick reply @alltrademt.

Indeed, you can delete an unmatched deposit that has been entered in QuickBooks Desktop but does not appear on the bank statement from May.

However, before doing so please know that QuickBooks relies on the transactions entered from your bank statement. Check if the deposit was mistakenly recorded or if it might be pending or delayed on the bank's side. Review the relevant documentation to confirm that the deposit wasn't recorded under a different date or account. I recommend contacting your bank to verify those transactions, as the bank statement will serve as the basis for the reconciliation process.

From there, can check the transactions to understand why it doesn't appear in your bank statement. Once resolved, you can follow this article to reconcile your account: Reconcile an account in QuickBooks Desktop.

Additionally, check out these articles that may come in handy in reconciling your bank transactions seamlessly:

• Fix beginning balance issues in QuickBooks Desktop
• Reconcile an account for multiple months or years of transactions and financial statements

You can click the Reply button if you have any other questions about the unmatched deposit entered in QuickBooks Desktop. I'm more than happy to help. Have a great day, @alltrademt!