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October 10, 2019
Question

Can you remove a reconcilation items without it effecting the general ledger??Items from prior year outstanding the bank rec's started later, this is downloaded info??

  • October 10, 2019
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1 reply

October 10, 2019

Hi lindawild,

 

Since this is your first post in the Community, I'd like to give you a warm welcome. 

 

Removing transactions from a reconciliation will affect your general ledger. It's often suggested to void a transaction compared to deleting it. Voiding a transaction allows you to keep record of the transaction but it'll have a zero amount. 

 

Removing transactions will impact financial reporting, such as deleting/voiding an expense will reduce the spent amount for the account. However, ensuring that the correct transactions are included in a company file will help to ensure accurate books and reporting. For more information about voiding and deleting transactions, check out this helpful article: Void or delete transactions in QuickBooks Online.

 

If you have further questions, don't hesitate to reach back to me. I'll be happy to assist. Otherwise, have a great rest of the week!