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Tanyajimedpc
June 26, 2024
Question

Journal entries

  • June 26, 2024
  • 1 reply
  • 0 views

I am new to quick books online and I have made a journal entry for business payroll.  Will it show up on transactions or does it show up when I update from the bank? I excluded it when it updated and now I am wondering if that was a mistake.  My bank balance does not match quickbooks balance and I cannot figure out why?  

1 reply

S
SashaMC
June 26, 2024

Hello Tanyajimedpc,

 

Welcome to the QuickBooks Community! In this situation, we recommend speaking with your accountant as the best practice for your business. However, I am happy to share this article on how to fix bank balances and QuickBooks balances in QuickBooks Online. Here are  some reasons why balances do not match:

 

  • Outstanding transactions
  • New transactions for a connected account
  • Duplicate transactions
  • Edited or deleted transactions
  • Credit card (liability) account
     

You may check this article, which can help you fix the differences between QuickBooks balance and Bank balance.

Please let me know if you have any additional concerns. I'm always here to help.

 

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