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The cleared balance QBO reports is wildly incorrect
I had an issue where somehow about 1500 transactions got double imported and I've got no way to remove the duplicates because their memos for some reason are different slightly. So, to fix this problem, I'm going to just go back and re-reconcile everything.
First question: Is there no way to "un-reconcile" 100% of the transactions in my Checking account ledger?
Second Question: I unreconciled the only 3 transactions from when I opened this account in March 2021. My statement from the bank reads an ending balance of $3,740.00 as of March 31, 2021, which consists of 3 deposits: $120.00, $320.00 and $3,420.00. In the reconciliation module, QBO tells me I have a cleared balance of $24,940.92 - see attached.
The second attachment shows my bank ledger for the month of March 2021, and you can clearly see only the deposits I mentioned. What's the deal?