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November 20, 2024
Question

Can I re- reconcile my bank account going back a few months?

  • November 20, 2024
  • 1 reply
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My bank account is perfect in Quickbooks now but I made and corrected 2 entries and these are causing the problem. Can I go back and mark these transactions as reconciled?

    1 reply

    November 20, 2024

    To ensure the accuracy and completeness of your financial records. Yes, you can re-reconcile the two transactions that you've corrected, gbarnwell6. Taking this step is essential for maintaining the integrity of your financial reporting.

     

    In QuickBooks Online (QBO), you can mark a transaction manually as reconciled by putting R next to the corresponding entry.

     

    Here's how:
     

    1. Navigate to Transactions from the left menu, then select Bank Transactions.
    2. Find the bank account from the list and click Go to bank register.

    3. Locate and click the transaction you want to reconcile to expand the view.
    4. In the checkmark column, double click the box until you see an R sign shows.

    5. Once done, hit Save.

     

    In case, you're having issue at the end of your reconciliation. You can scan this article for guidance: Fix issues at the end of a reconciliation in QuickBooks Online.

     

    You can easily keep track of which transactions have been reconciled and ensure that your accounts are in alignment with your financial statements. By doing so, you help ensure that your financial records stay accurate and up to date, making it easier to track your finances and prepare for future reports. If you have a follow-up questions, don't hesitate to add a comment below. I'm always here to assist you.