Hi there, SOLSK8S.
Thank you for visiting the QuickBooks Community. I'll be sharing some details to ensure that you reconciled your account correctly and make sure your data in QuickBooks Online stays accurate.
When you have your bank statement in hand, you'll compare each transaction with the ones entered into QuickBooks. If everything matches or your accounts are balanced and accurate, you'll have to reconcile your checking, savings, and credit card accounts to avoid discrepancies.
Since you have duplicate transactions showing on the reconciliation page, I suggest deleting them to fix the difference. This is to prevent any reconciliation issues and for the accurate data to reflect in the Profit and Loss statement. Beforehand, I suggest consulting an accountant to help you properly organize or determining if the specific entry should be deleted.
To remove transactions in your account, you'll have to go to the Register page.
Here's how:
- Click the Accounting menu on the left panel.
- Choose Chart of Accounts.
- Select the specific account and select View register in the Actions column.
- Select the Filter icon. Then, choose the filters you want you to apply. You can use the Find field to search by amount, reference number, or memo.
- Choose a particular entry that might duplicate and click it.
- Select Delete.
- Click Yes to confirm.
For further details on how you can use the account registers page to make any changes to your transactions, you can click this article: Find, review, and edit transactions in account registers.
On the other hand, if you'll not delete those duplicate entries after reconciliation, your Profit and Loss statement displays erroneous or incorrect data.
Additionally, I'm adding this article to see different guidelines that will help you fix any reconciliation errors: Learn the reconcile workflow in QuickBooks.
If you require more help with managing your transactions or reconciliation in QuickBooks, just let me know and I'm always here to help.
