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lakemeadowsjchoa
Level 1

Reconciliation doesn't match. Only 3 expenses and 1 deposit for the month. Everything seems to match my bank statement and adds up on calc but not QBO?

Difference is $20.00 even. Tried to resolve this with a chat but the chat window won't open.
3 Comments 3
Rustler
Level 15

Reconciliation doesn't match. Only 3 expenses and 1 deposit for the month. Everything seems to match my bank statement and adds up on calc but not QBO?

Open the account register and look for that 20.  Might be a journal entry if you made one, they often do not show up

THEWBG
Level 1

Reconciliation doesn't match. Only 3 expenses and 1 deposit for the month. Everything seems to match my bank statement and adds up on calc but not QBO?

Hello all, 

I try to balance all of my accounts every 3rd month because I have several of them.  when I go back into continue QB say three months later, shows that I have not reconciled for the previous year!!   this has made me become very concerned.  I go back in and I reconcile the year all over again.  all is good. 

fast forward  3 months ahead an i want to catch up on my accounts and Bingo! again later it puts me back several months again!! 

Has this happened to anyone that their bank account reconciliation becomes " Undone?" 

Barb

MariaSoledadG
QuickBooks Team

Reconciliation doesn't match. Only 3 expenses and 1 deposit for the month. Everything seems to match my bank statement and adds up on calc but not QBO?

We didn't receive reports about reconciliation that was being undone. Let's find out why you're having issues with your reconciliation, THEWBG.

 

Generally, once you have your bank statement in hand, you'll compare each transaction with the ones you've entered in QuickBooks. You'll know your accounts are balanced and accurate if all of them match. You'll want to reconcile all your accounts on a monthly basis to make sure you're reconciling the correct transaction on the correct period so you'll no longer encounter issues.

 

Sometimes, you may also have added older transactions to QuickBooks that are dated before your opening balance, which may have a great impact on your reconciliation that's why you're getting the message that tells you to reconcile on previous years.

 

You can run a reconciliation report to double-check your reconciliation. Please follow the steps below:

  1. Go to the Accounting menu and select Reconcile.
  2. Select History by account.
  3. Use the dropdown menus to select the account and date range.

Please read this so you'll be guided with the reconciliation workflow. I have also included these awesome articles so you'll be guided in anything related to QuickBooks Online.

 

Fill me in if you need anything else with your reconciliation. Remember, we're always here for you 24/7.

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