Transactions

Thanks for joining in on this thread, @LOC3. Allow me to address your concern about reconciling emailed receipts in QuickBooks Online (QBO).

When emailing receipts in QBO, the system extracts their information so you can create a transaction to review. Then, you'll be able to edit, add it to an account, or match it to an existing entry to avoid duplicates. 

Currently, we're unable to perform automatic reconciliations in QBO. That said, you'll have to do it manually in the program to ensure that all transactions are accurately recorded and accounted for. Before doing so, review the opening balance so it will match your real-life bank account.

Here's how to reconcile:

1. Ensure to match and categorise your bank transactions. Then, go to the Gear icon and select Reconcile.
2. Select the Account to reconcile.
3. Review the Beginning balance and ensure it matches the one on your bank statement.
4. Enter the Ending balance and Ending date.
5. If available, review the Last statement ending date. It is the end date of your last reconciliation, and your current bank statement should begin the day after.
6. When ready, click Start reconciling.
   

For the detailed step-by-step procedure, please see this article: Reconcile an account in QuickBooks Online.

Additionally, I'm sharing this article that will help streamline your reconciliation process in QBO: Learn the reconcile workflow in QuickBooks. It contains the necessary procedures for resolving issues when reconciling an account. 

We're always glad to see you join the Community to ask for assistance. If you have follow-up concerns about reconciling receipts, please don't hesitate to return to this thread. We're always available 24/7 to address your queries.