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themavenresource
Level 1

Can I start over the bank reconciliation with amount from my bank statement date 01/01/2023?

I need to do new accounting for year 2023
1 Comment 1
MichelleBh
Moderator

Can I start over the bank reconciliation with amount from my bank statement date 01/01/2023?

I'm here to help you handle your bank reconciliation, themaven. 

 

Yes, you can restart your bank reconciliation with the amount from your bank statement dated 01/01/2023. And I'm happy to share the complete steps with screenshots for doing so in QuickBooks Online.

 

You'll need to select 01/01/2023 in the Starting date field and enter the bank statement amount in the Ending balance box. Follow these steps:

 

  1. Go to the Accounting tab on the bottom left part.
  2. Select the Reconcile tab. 
  3. Choose your bank account in the Account drop-down. 
  4. Enter the Ending Balance amount shown in your bank statement and the Ending date
  5. Hit Start reconciliation when you're ready.

 

For more details, see this link: Reconcile an account in QuickBooks Online.

 

In case you encounter an issue while reconciling your banks, visit this article: Fix issues at the end of a reconciliation in QuickBooks Online.

 

Moreover, read the following articles below to learn how to unreconcile transactions and run specific reports: 

 

 

Don't hesitate to contact me if you have any follow-up questions. I want you to be free from reconciliation so that you may focus on your business. Keep safe, themaven.