How do I use a journal entry to reconcile an account?

You've come to the perfect place for assistance, @mhinsures.

I can help you update your bank balance in QuickBooks Online.

Here's how to enter an adjusting entry:

1. Go to Bookkeeping and select Reconcile.
2. Reconcile your account.
3. Click Start reconciling once you have checked everything for errors.
4. Choose Finish now from the drop-down.
5. Tap Done.

A message stating that your account isn't balanced will then appear. Simply click the Add adjusting entry option to begin. If the difference is negative or positive, this will result in a transaction for an expense or a transaction for an income. It forces the account to balance.

Find out more about creating an adjusting entry in QuickBooks Online through this article: Enter an adjusting entry for a reconciliation in QuickBooks Online.

In addition to that, you visit these links about reconciliation in QBO:

• Reconcile an account in QuickBooks Online
• Learn the reconcile workflow in QuickBooks

You can always visit the Community anytime you need help with the reconciliation process. Have a nice day ahead.