I am attempting to reconcile for the first time after migrating from desktop to QBO. The beginning balance is incorrect. There are >3000 R entries???

Congrats on your successful migration from QuickBooks Desktop (QBDT) to QuickBooks Online (QBO).

Based on your information, it seems that the transactions have already been reconciled before migrating them to QBO. Reconciled transactions in the register will have an R in the cleared column. Since you’re seeing this on your end, there’s no need for you to remove the R status or unreconciled this. You’ll just have to continue reconciling the other transaction to finish.

Here’s how:

1. At the top menu, click the Gear icon.
2. Select Reconcile.
3. From the Account drop-down menu, select the appropriate bank account.
4. Click Start reconciling or Resume reconciling.
5. Enter the information requested.
6. Click Start reconciling.

Regarding fixing the opening beginning balance, I have an article you can refer to ensure you’re doing the correct movement to avoid messing up your books. You can add them manually if you haven’t entered a beginning balance. Otherwise, you can edit them by referring to this article: Enter and manage opening balances in QuickBooks Online.

Moreover, get more insights about how features and your other data moved from QBDT to QBO: Learn how features and data move from QuickBooks Desktop to QuickBooks Online.

Then, use this reference to start reconciling your account in QBO. This helpful resource will guide you thoroughly to avoid any discrepancies.

You can always drop by if you have concerns about your QBO data. I’m always here to assist you. Have a good one!