Whats Does "Clearing" Checks in Bank Reconciliation Mean?

Hello there, sileebo.

I'm happy to elaborate what is cleared/clearing means.

Cleared often signifies that the funds have been deducted from your account (the money has been processed from the bank). This may come via bank feed or from importing a bank statement. Regarding to your second question, clearing means the account is ready to be reconciled.

I suggest giving this article a visit to Learn the reconcile workflow in QuickBooks.

Let me know what you think and if you make any important discoveries along the way! I'd love to chat about it. 

@sileebo 

When people say a check has "cleared" when doing a bank rec, it depends on what they're referring to.  A check can be referred to as clearing in two different ways: 1) when it is deposited into the payee's bank account (cleared the bank) and, 2) when it is checked off on the bank rec screen in QB (cleared in QB).  Obviously, the check needs to clear the bank before it can be cleared in QB.  

So when you say the "Cleared (C) status appears when a bank transaction has come directly from your bank," are you saying the bank can send this info directly into your quickbooks online so you dont have to enter it?