Skip to main content
R
rjfowler
December 12, 2023
Question

How can I edit and change the closing bank balance amount in a completed bank reconciliation in Quick Books Online

  • December 12, 2023
  • 1 reply
  • 0 views
how can I edit a completed bank reconciliation in Quick Books Online

    1 reply

    T
    Trish_T
    December 12, 2023

    Hi rjfowler,

     

    It's nice to see you in Community.  Welcome back!  Reconciling your accounts in QuickBooks Online ensures your books are balanced.  The reconciliation process is vital. in keeping your books aligned with your real life bank and credit card accounts.  Once a reconciliation is completed successfully, the closing balance should be automatically balanced with your monthly statement.  I would be glad to provide more information, so you're on the right track with your work!

     

    Making any changes to your closing bank balance after you've reconciled the account , can have a negative impact on other areas of your books.  For this reason, it's recommended to unreconcile the account and start over, making sure the statement ending date and the ending balance are accurately entered before beginning the reconciliation.  I suggest reaching out to an accounting professional, as they will have the ability to unreconcile the account for you, and ensure other areas of your books remain unaffected.  If you don't have an accountant, we can help you locate a ProAdvisor in your local area.

     

    If you have any other questions, feel free to reach back out.  We would be happy to help!

     

     

    E
    Eva2412
    February 6, 2024

    Hello, just made a mistake with my closing balance while done reconciliation.

    Need just a help how to edit recent reconciliation statement and let me fix closing balance correction,

    or is there any way I can undo whole process. Can not start another month until this is corrected.

    Using Online QB for short time and before used regular QB PRO for very long time and never had any issue with bank rec.

    Appreciate your help in that matter

    Eva

    T
    Trish_T
    February 6, 2024

    Hi Eva2412,

     

    Thanks for joining us here.  Only QuickBooks Online Accountant users can unreconcile an account, as mentioned above.  However, you can Undo or remove transactions from reconciliations.  I also suggest reviewing this helpful guide to Fix issues at the end of a reconciliation in QuickBooks Online.

     

    Let us know if you have other questions or concerns.  We are here to help!

     

    Terms & ConditionsAccessibility statement