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Frieaza
February 8, 2023
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Bank Reconciliation

  • February 8, 2023
  • 2 replies
  • 0 views

Hello,

I am reconciling for period 01/31/2023. in the bank statements, I have some transactions dated 02/06/2023 that go with transactions in QuickBooks dated 01/30/2023. 

Should I check them?

Thanks

Best answer by FateCandylaneT

It's great seeing you in the Community Space, Frieaza. I'm here to ensure you're able to reconcile your accounts.

 

To ensure you're bank's statement matches the transactions you've entered in QuickBooks, we'll only reconcile those cleared transactions from your bank statement.

 

Since these transactions were visible for February, we can clear these accounts and reconcile them in the next month. 

 

Also, if you want to see these transactions for the statement period you're working on, let's select Hide transactions after the statement's end date. Doing so will help you hide all of the newer transactions. 

 

You can refer to this article for more detailed information: Reconcile an account in QuickBooks Desktop. 

 

Moreover, I'm adding this link in case you'll need to fix issues when you're reconciling in QuickBooks Desktop. It includes details on how to run a report to ensure the accuracy of your reconciliation.

 

We'd be glad to hear more from you if you require additional assistance with bank reconciliation. Feel free to comment on them below. Have a good one!

2 replies

F
FateCandylaneTAnswer
February 8, 2023

It's great seeing you in the Community Space, Frieaza. I'm here to ensure you're able to reconcile your accounts.

 

To ensure you're bank's statement matches the transactions you've entered in QuickBooks, we'll only reconcile those cleared transactions from your bank statement.

 

Since these transactions were visible for February, we can clear these accounts and reconcile them in the next month. 

 

Also, if you want to see these transactions for the statement period you're working on, let's select Hide transactions after the statement's end date. Doing so will help you hide all of the newer transactions. 

 

You can refer to this article for more detailed information: Reconcile an account in QuickBooks Desktop. 

 

Moreover, I'm adding this link in case you'll need to fix issues when you're reconciling in QuickBooks Desktop. It includes details on how to run a report to ensure the accuracy of your reconciliation.

 

We'd be glad to hear more from you if you require additional assistance with bank reconciliation. Feel free to comment on them below. Have a good one!

F
FrieazaAuthor
February 16, 2023

Thanks

 

M
Mich_S
February 16, 2023

You're most welcome, @Frieaza.

 

Thank you as well for going through my colleague's suggestions. And we're glad to know that everything went well on your end.

 

You can always post in the Community if you need more assistance with printing or QuickBooks. We'd love to help you out. Enjoy the rest of the week!

MariaSoledadG
MariaSoledadG
March 12, 2023

I have an idea of how you'll be able to prevent this problem, cathywallis.

 

Sometimes, previous transactions may show up in your account even if they are cleared. This happens when someone changed or deleted the reconciled transactions or if cleared transactions were unchecked (uncleared) in the account register.

 

The process of fixing them may be complex. However, what I can suggest is to create a new company file in QuickBooks Desktop. Then, enter a beginning balance of when you've started your personal business. This ensures that old transactions won't show up on your end.

 

But if you really want to correct the previous company file that you have, I recommend reaching out to your accountant for the proper ways how to do the correction.

 

In addition, learn from this article how you'll be able to get a previous reconciliation report so you can view your past reconciliations. I've added this article for more information: Get Reports For Previous Reconciliation In QuickBooks Desktop.

 

Feel free to let me know if you need further assistance. I'll always be right here to help.

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