Beginning balance in bank rec does not match beginning balance in GL account.

Hi mbisiker.

Reconciling your accounts is a great way to make sure that your balances are matching what you have in your bank. I'd be happy to go over how the beginning balance shows in QuickBooks Online.

One of the best features of QuickBooks Online would be how easy it makes reconciling your accounts by allowing you to correct entries before or during the reconcile. If this is the first time you're reconciling this account your opening balance should be matching your reconcile opening balance. I recommend going over this article on how to make sure everything is set up just right so you can blast through it.

If this is not your first time reconciling this account the opening balance will be based on all the transactions previously reconciled in the account. You can see a list of what has been reconciled by following these steps:

1. Head to the Accounting tab on the left and select Chart of Accounts. 
2. For the bank account you're reconciling, click on Account history in the Action column.
3. Click on the filter icon in the top left, select Reconciled under Reconcile Status then click Apply.

If you need to make any corrections to your previous reconciled accounts I suggest reaching out to your accountant as they are trained on how to make these corrections. If you don't have an accountant currently you can find one near you by going to My Accountant>Find a pro to help in your QuickBooks Online account.

If you have any questions feel free to reach out and we'd be happy to help!