posted
Best answer November 17, 2020
Solved
Best Answers
I can help you with reconciliation in QuickBooks Online (QBO), drhowell12.
Let's begin by determining the factors that causes reconciliation discrepancies. Among these are the following:
- Duplicate transactions.
- Transaction was associated to a different bank account.
- Previously reconciled transactions were modified or deleted.
- Incorrect opening balance or account.
I suggest reviewing your previous period's reconciliation to determine which of the above mentioned is causing the error.
Here's a guide for instructions on how to fix common issues when reconciling: Fix beginning balance issues if you've reconciled the account in the past QuickBooks Online.
In addition to that, you visit these links about reconciliation in QBO:
You might also want to run the Reconciliation Report to review or print a copy of this.
Here's how:
- Go to Reports.
- Type in Reconciliation Reports in the search bar.
- From the Reconciliation summary tab, choose your bank.
- You'll be routed to the Reconciliation Report showing transactions information.
Learn more about managing reconciliation report in QuickBooks Online by visiting this link: How do I view, print, or export a reconciliation report?
Drop me a reply if I can help you with anything else. Hope you have a good one.
I can help you with reconciliation in QuickBooks Online (QBO), drhowell12.
Let's begin by determining the factors that causes reconciliation discrepancies. Among these are the following:
- Duplicate transactions.
- Transaction was associated to a different bank account.
- Previously reconciled transactions were modified or deleted.
- Incorrect opening balance or account.
I suggest reviewing your previous period's reconciliation to determine which of the above mentioned is causing the error.
Here's a guide for instructions on how to fix common issues when reconciling: Fix beginning balance issues if you've reconciled the account in the past QuickBooks Online.
In addition to that, you visit these links about reconciliation in QBO:
You might also want to run the Reconciliation Report to review or print a copy of this.
Here's how:
- Go to Reports.
- Type in Reconciliation Reports in the search bar.
- From the Reconciliation summary tab, choose your bank.
- You'll be routed to the Reconciliation Report showing transactions information.
Learn more about managing reconciliation report in QuickBooks Online by visiting this link: How do I view, print, or export a reconciliation report?
Drop me a reply if I can help you with anything else. Hope you have a good one.
Hello there, @putigergirl.
Once reconciled transactions are edited, it can cause a discrepancy in your previous reconciliation. The very important thing is to ensure that the register matches your bank statement.
To fix it, you'll need to undo all the transactions that were reconciled and manually check each transaction for changes made. Note: You can ask your accountant to undo an entire reconciliation one at a time.
Still, you can manually do it:
- Go to Accounting on the left panel.
- Within the Chart of Accounts tab,
- Locate the appropriate account for the transaction, and click View Register.
- Identify the transaction to edit.
- Keep selecting it until the box is blank. This removes the transaction from the reconciliation.
Once done, check your register if there is still a reconciled transaction. If all goods, you can reconcile your account again.
Also, I'm adding an article that will provide you more troubleshooting about reconciliation: Fix issues for accounts you've reconciled in the past in QuickBooks Online.
Please utilize the Reply button if you have more questions about reconciliation in QuickBooks Online. Have a good one!
Sign in for the best experience
Ask questions, get answers, and join our large community of QuickBooks users.
Sign In / Sign Up
