I'm a QB newbie :) I deleted a cleared deposit from September. I realized what I did and entered the deposit again. Now that I'm ready to reconcile this month, my beginning balance is off that exact amount and doesn't match my bank statement. I looked up how to "fix the discrepancy", it says to go in and re-enter any transactions that were deleted, changed, etc. Well, I did that right away on the same day I deleted the transaction. Please help!
Solved! Go to Solution.
Your beginning balance is the sum of your cleared transactions. If you delete one, then it changes.
That's OK, though, as long as you enter the correct ending balance and then check off the replacement transaction as you reconcile. Then the ending reconciled balance will be correct, assuming all other things on the statement match.
Your beginning balance is the sum of your cleared transactions. If you delete one, then it changes.
That's OK, though, as long as you enter the correct ending balance and then check off the replacement transaction as you reconcile. Then the ending reconciled balance will be correct, assuming all other things on the statement match.