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StephEngel
Level 1

Reconciling Account

I went through my account and reviewed all of the transactions for this year - but the amount that is showing in my Quickbooks is WAY higher than what is in my bank account. Going through the reconciliation, I can see why - it shows the bulk deposits we make, but it also shows the individual transactions of money received. I found what to do moving forward, but what do I do to fix the issue for the older transactions? 

1 Comment
ShiellaGraceA
QuickBooks Team

Reconciling Account

Thanks for reaching out to us today, @StephEngel.

 

I'll share some information about reconciliation discrepancies. Since you've already identified the transactions, you'll want to remove the transactions that aren't on your bank statement.

 

Here's how:

 

  1. Check the transaction date and review your bank statements for that time period.
  2. Make note of the date and amount of the transaction.
  3. Run a Past Reconciliation report for those dates.

 

With the above steps, you're able to fix your ending balance and will have updated transactions for reconciliation moving forward. Learn more about fixing reconciliation issues in this guide: Fix issues at the end of reconciliation in QuickBooks Online.

 

Feel free to browse this link here in case you need help with other banking tasks. It has topics with articles that'll guide you along the way.

 

Keep me posted if you still have questions or concerns with bank reconciliations. I'm more than happy to assist you. Take care and have a lovely day ahead.

 

 

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