Why bank balance shows differently after reconciliation in balance sheet?

Hi there contact-multitax,

Thanks for reaching out about your bank balances. QuickBooks Online is a great tool able to help you keep track of expenses and sales so you know the profitability of your company. I can provide some information about balances being different.

if you have some transactions that were not checked in the reconcile process, they would still have an effect on the balance sheet, which can cause some discrepancies. If these transactions are some that were duplicates, affecting the incorrect account or would need their dates changed, you can find the ones not reconciled by going to the Accounting tab, then Chart of accounts. Click on Account history beside the account in question, then scroll through the list of transactions to see if there are some before the end of the reporting period in question that don't have an R in the column that has a checkmark as a subtitle. These transactions missing an R have not been reconciled.

If you have any other questions, feel free to reach out here.