Hello, TNTHomeBuilders.
I have a way to help you with the changes on your vendor invoices and ensure your reconciliation is correct.
Any changes to the reconciled transactions can affect your balances on the next period. So, we'll want to undo the previous reconciliation to avoid messing up the balances and the succeeding reconciliation periods.
To undo the last reconciliation:
- Go to the Banking menu.
- Select Reconcile.
- Click the Undo Last Reconciliation button.
- Proceed with Continue.
After undoing, we can redirect the payment to the other invoice. Simply open the payment transaction from the vendor's profile.
Then, uncheck the bill or invoice and check the one where we want to apply the payment to. Once done, click Save & Close.
After redirecting the payment, we can reconcile your bank account again with the correct balances and changes.
Ready to check and review your financials after correcting the reconciled transactions? We can run a number of reports in QuickBooks. Take a look at this article if you need a guide: Understand reports.
Don't forget to visit this thread if you have more questions about your vendor transactions. If you have other concerns regarding your entries in QuickBooks, let me know and I'd be glad to help.
