QBO 2020 Entire Year Clean Up

You're on the right path, SamanthaSB.

Good work for reviewing and reconciling the transactions. Let me help you ensure your books will not be messed up.

You can start by checking your bank statement and comparing it with the transactions in QuickBooks. If there are missing transactions, you'll have to enter them so your books will be accurate.

Then, you can pull up your Profit and Loss and Balance Sheet reports to ensure the balances are correct. 

Let me also add these articles to better guide you:

• Categorize and match online bank transactions in QuickBooks Online
• Reconcile an account in QuickBooks Online

Feel free to let us know if you need more help with this. We're around to help you. Take care!

Thank you so much for your response Kristine. 

After matching and inputing all transactions would it be safe to reconcile for the entire year or should I do month by month for the 2020 clean up?

Thanks for getting back on this thread, SamanthaSB.

I'm here to share some details on how to reconcile your account in QuickBooks.

Once QuickBooks matched the transactions, you can start reconciling for each month. The order matters. If there's an issue with an earlier reconciliation, it'll affect future reconciliations.

You can also check out this article to guide you with the process: Reconciling Accounts in QuickBooks Online.

In case QuickBooks doesn't match your bank statement at the end of the reconciliation, I'd suggest browsing this article for possible fixes: Related Errors When Reconciling.

Additionally, I encourage checking the reconciliation report in QuickBooks.  This report is useful if you have trouble reconciling the following month.

I'll be glad to help you again if you need help reconciling your accounts in QuickBooks. It's always my pleasure to help you out again.