Hello there, mannaluru-gmail-.
I can share information on how the system calculates the bank balance.
The bank balance is your bank's actual balance from the last bank feed update. You can check the number of transactions in the bank's For review tab and review the total amount if it matches to the bank balance posted.
If you're referring to the difference between your QuickBooks balance and bank balance, here are a few reasons:
- Outstanding transactions
- New transactions for a connected account
- Duplicate transactions
- Edited or deleted transactions
- Card (liability) account
Depending on the factors I've mentioned, there are different steps to fix your issue. Here’s an article on the steps to fix or adjust these factors: How to Fix Differences Between QuickBooks Balance and Bank Balance.
Let me know if you have other questions so I can help you fix them. Take care and have a great day!
