Good morning, TUSSU.
Thanks for reaching out for support here in the Community. You've come to the right place for assistance with reconciling in your QuickBooks account.
I appreciate all of the details you provided. Since you mentioned the beginning or opening balance is showing zero, you can enter this amount by using a journal entry. Here are the steps to get this done:
- Select + New.
- Select Journal entry.
- Enter a date that comes before the oldest transaction in the account. This will be the opening balance date.
- On the first line from the Account dropdown, select the account you want to enter the opening balance for.
- Add a note in the Description field so you know what the journal entry is for.
- On the second line from the Account dropdown, select Opening Balance Equity.
- Use your bank statements to enter the opening balance. Enter the balance of your real-life account for the date you picked as the opening balance.
- Enter the debits and credits based on the type of account you entered on the first line.
- Click Save when you're ready.
You'll then manually mark the entry as reconciled. It's always a good idea to talk to your accountant first before completing this type of action. The following linked article provides additional details about this process: What to do if you didn't enter an opening balance in QuickBooks Online
Once you've got the beginning balance entered, you're ready to start! Grab a cup of coffee and pull up your bank statements, oh and these articles will probably come in handy too:
Please don't hesitate to reach back out if you have any other questions about reconciling or anything else in QuickBooks. The Community has your back!
