Thanks for posting here in the Community, @Kristin918.
I have some information about reconciling your account. You'll want to create a journal entry to correct your beginning balance. Then, hide your old transactions from the reconciliation list. That way, it'll be easier for you to reconcile with your bank statement. Let me guide you how.
To create a journal entry:
- Go to the Company menu, then choose Make General Journal Entries.
- Change the date to the correct statement date of your beginning balance.
- Select the appropriate account from the Account drop-down.
- Enter the correct opening balance in the Debit column.
- On the second line, pick Opening Balance Equity.
- Click Save.
After creating a journal entry, proceed with the reconciliation process. To filter your transaction list, remove the older ones. Here's how:
- Go to Banking and then select Reconcile.
- Enter the Ending Balance.
- Hit Continue.
- Tick the box next to Hide transactions after the last statement's end date (see image below).
- When you're finished, click Reconcile Now.
Learn more tips about the reconciliation process in the articles below.
If you need help with other banking tasks, please browse this link here to go to our general banking topics with articles.
Let me know if you have other questions or concerns with reconciliation or bank accounts. I'll be happy to answer them for you. Take care and have a great day.