Entering Bank Transactions-Beginning Balances

Welcome to QuickBooks Community, rowens2022. 

Let's figure out why the beginning balance is shown as negative or different from the balance you made through the journal entry.

May I know the purpose of why you created the journal entry? Is this to increase the bank balance? If so, make sure the bank you want to reconcile is debited with the said amount. Here's how we can review and correct the journal entry through the View register.

1. Click Accounting on the left menu and look for the affected bank.
2. Click Viewregister and set the filters to easily find the journal entry.
3. Select the journal entry and click Edit.
4. Correct the debited account if necessary.

From there, we can go back to your reconciliation page and continue where we left of. Make sure you have entered the correct Ending date and Ending Balance

• If the account was previously reconciled, it is best to follow the detailed steps in this article: Fix issues for accounts you've reconciled in the past in QuickBooks Online.
• If this is your first time doing with the account, you can use this link for reference: Fix issues the first time you reconcile an account in QuickBooks Online.

Also, make sure to use your bank statements for reference when reconciling accounts in QuickBooks Online. This is to make sure you're data remains accurate after you switch to QuickBooks Online (QBO).

Still, I'd highly recommend consulting your accountant for further guidance. For additional details and tips, feel free to check out these resources:

• Reconcile an account in QuickBooks Online.
• Learn the reconciliation workflow in QuickBooks.

Please let me know if you have more concerns about reconciliation in QuickBooks. Take care and stays safe.