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userfordsfarmstead
January 16, 2022
Question

In banking, at the bottom of the tiles, it says "IN QUICKBOOKS". What does that number consist of?

  • January 16, 2022
  • 1 reply
  • 0 views
I notice that when all the transactions are reviewed and accepted in the credit cards, up to the last statement's last transaction, then the balance is zero.

1 reply

Angelyn_T
Angelyn_T
January 16, 2022

Hi there, @userfordsfarmstead.

 

Yes, the In QuickBooks section consists of the reviewed and accepted transactions from your bank. It's the total balance of all bank transactions that you’ve added or matched to QuickBooks. If there are unreviewed entries from the For Review section, then it may affect your QuickBooks Balance once you categorize them.

 

While the Bank Balance is your bank's actual balance from the last bank feed update.

 

For more tips about handling your banking transactions in the future, you can open the resources from this link: Find help with bank feeds and reconciling accounts.

 

Additionally, you can keep track of your reconciliation to match your QuickBooks balance and bank or credit statements.

 

If you have any other questions about the In QuickBooks figures, let me know by adding a comment below. I'm more than happy to help. Have a good one!

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