Yes, @Deadwood Al, when you create a General Journal Entry (GJE) or other transactions that affect the bank account, it will show up on the bank reconciliation report in QuickBooks Desktop. I'll provide further details and an alternative to help you reconcile your account accurately.
Discrepancies like a two-cent difference in amounts can be a common issue in account reconciliations. However, you can create a General Journal Entry to adjust the discrepancy without deleting the actual payment.
Aside from that, you can process a sales tax adjustment to match the allocated amount drafted from the bank account. For a more accurate process, could you please clarify if the sales tax EFT was $0.02 more or $0.02 less than what you expected to be drafted from the account?
If the actual amount drafted from the checking account was more than the expected amount, you need to enter a negative adjustment or a decrease in sales tax using a Sales Receipt. Otherwise, you need to enter a positive adjustment or an increase in sales tax using a Credit Memo. For detailed steps, check out this article: Adjust amounts for sales tax items.
Once done, proceed to reconcile your account. You can review your data later on by generating the reconciliation report. If you want, you can customize it to get more information you need.
I'm all ears if you have more questions about reconciling an account or any other QuickBooks concerns. Always leave a reply below so I can provide the necessary help.
