I have new client that transferred their Desktop QB to QBO. I was informed by a QBO rep that it is best to have Desktop reconciled before the transfer to QBO. The actual bank balance is correct, but it has not been reconciled in 5 years. I need to reconcile/clear all of the previous transactions. However, when i try to reconcile an adjustment is needed (reconciliation discrepancy), but this throws off the balance. I am thinking that something happened during the transfer...? i dont really know because i dont have access to the Desktop version.
I am hoping there is a way to adjust the beginning balance (for reconciling) that will not change the actual bank balance.
Thanks!
