What happens if I reconcile entries from previous years? Will I be able to balance moving forward?

@St01  Depends on whether those entries need to be reconciled.

This isn't a question anybody can answer properly without looking at your books.

Reconciling previous entries isn't advisable as they can alter what you have in QuickBooks Online (QBO). I'll provide more details below to help you with your inquiry.

Apart from affecting your books, it can also lead to overwriting historical data, which will then affect your reports and financial statements in the program. Please note that reconciling previous entries can cause discrepancies to current reconciled accounts, making it hard to track past transactions in QBO. Thus, the ending balance of previous entries will affect the beginning balance of future reconciliation.

If you require more details about reconciling or modifying previous reconciliation, please see this page: Reconcile an account in QuickBooks Online.

It's also important to know that working with an accountant can streamline the process of resolving issues regarding reconciling or unreconciling accounts. If you don't have an accountant, I can help you find one. Visit this page: Find a QuickBooks ProAdvisor.

On the other hand, I'm providing an article if you want to print reconciliation in QBO: How do I view, print, or export a reconciliation report?

Our QuickBooks Live Expert Assisted offers assistance on how you can effectively secure reconciliation in the program. You can check them out anytime.

I can assure you that I'm always on the go if you have further questions about reconciliation or other QuickBooks-related inquiries. Feel free to communicate in the comment section so I can respond promptly.