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deshutts
Level 1

I am reconciling from the beginning of the year. The beginning balance is wrong. How can I change it?

 
1 Comment 1
MorganB
Content Leader

I am reconciling from the beginning of the year. The beginning balance is wrong. How can I change it?

Hello, deshutts.

 

Welcome to the Community. I'd be glad to show you how to change the beginning balance.

 

There are just a few steps to get his resolved. Here's how:

 

1. Click the Gear icon in the top right corner.

2. Choose Reconcile.

3. Select the account that needs to be reconciled.

4. Double check that the last Statement Ending date, shown below the Ending date, is the day before the start date of the bank statement.

5. Verify the beginning balance is correct.

 

I've got an article for you that offers additional details on what to do when the beginning balance isn't correct. You can check it out here: https://quickbooks.intuit.com/community/Banking-and-bank-feeds/Fix-an-opening-balance-to-match-a-ban....

 

With this info you'll be able to correct the balance and successfully reconcile your account. Feel free to leave a comment below if you have any other questions.

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