Beginning balance issue can happen if the opening balance entry entered is incorrect or the reconciled transactions have been edited or deleted. To correct this, you can click "We can help you fix it" to display the reconcile discrepancy report. This will help you identify which transactions are causing the problem.
Follow these steps to review each transaction in the report one at a time:
- Select View to see the history of changes to the transaction.
- Review the Change Type column to see what changed.
- Using your bank statement as a reference, make the necessary edits.
Feel free to check out our guide for more tips in performing or fixing a bank reconciliation.
If you have additional concerns, reply below. We’re here to help.
