Cash and cash equivalents €3,604.20 BANK BALANCE Updated moments ago €1,525.12 IN QUICKBOOKS I want to know what this actually means? Bank balance is clear - but IN QUICK

I appreciate you for sharing your concerns here in the Community, office. Allow me to share details about the bank balances topic within QuickBooks Online.

The balance in QuickBooks reflects all transactions recorded in the register, including those pending review. In contrast, the bank balance is defined only by the transactions entered in the register. Therefore, the bank balance of €1,525.12 in QuickBooks represents the current amount of cash held in your business's bank account(s) that is recorded in your QuickBooks accounting system. 

The key point is that cash and cash equivalents represent the most liquid assets your business has available to pay short-term obligations and fund daily operations. Tracking this information in QuickBooks helps you manage your company's cash flow and liquidity.

Furthermore, you may need to add or manage your Chart of Accounts, refer to this page: 

• Add an account to your chart of accounts in QuickBooks Online
• Use account numbers in your chart of accounts in QuickBooks Online.

Feel free to reach out if you have any more questions about managing your expenses in QBO. We're here to help whenever you need assistance. Stay safe!

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I've noticed you've posted the same question about banking concerns in the Community.

One of my colleagues has already responded to your inquiry. You can refer to this link to browse their answer: Re: I want my USD bank account to roll up under the summary total for Cash and Cash Equivalents.

Additionally, you can scan through these materials that discuss banking topics in QBO:

• Connect bank and credit card accounts
• Categorize online bank transactions
• Manually upload transactions

Let us know if there's anything we can help you with your QBO Banking. The Community will address them once you get your response. Keep safe!