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October 28, 2023
Question

Hi am getting three tranctions on as bank discrepencies, The banik reconciliation works, Not sure what causing these transactions showing a credit balance on QB TB

  • October 28, 2023
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1 reply

MariaSoledadG
October 28, 2023

Let's make sure to fix the credit balance in your Trial Balance report, Danyal.

 

A trial balance report records all transactions listed in your general ledger accounts on a separate spreadsheet to ensure your journal entries are balanced and accurate.  It is considered to be a technique for checking the debit and credit amounts recorded in various ledger accounts.

 

You'll want to drill down the report by clicking the account in question so you'll be able to track or trace what specific transactions that cause the issue. After that, double-check the Transaction Report. Then, carefully check the transactions one by one. 


Learn from this article how to fix issues when your ending balances don't match when reconciling your account: Fix Issues At The End Of A Reconciliation In QuickBooks Online.

 

You can always get back to us if you have any other concerns with reconciliation or when running financial reports. We're here to ensure that everything is taken care of all the time. Have a great day ahead!