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Hello!
I just started a new job and they use QuickBooks Online, which I am not as comfortable with as the Desktop version. They have been using a bank account for a year and a half, but have never reconciled in QBO. The beginning balance shows as a negative. It isn't a large negative and I can adjust it as a discrepancy, but I would like to know if there are any other options/more "acceptable/clean" ways to handle this.
Thank you!!!
Thanks for reaching out to the Community forum, NStJohn12. I'm here to lend a hand.
There are reasons why the beginning balances is having an issues, these are:
To help resolve the issue, I recommend following the below steps:
For more detailed information about the process I've provided above, refer to this article: Fix beginning balance issues during your first reconciliation in QuickBooks Online.
Let me know if you have any other questions by using the Reply option below. I'll be here to help. Have a good one!
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