Skip to main content
W
WCC Pop Warner
April 16, 2024
Question

Reconciliation Discrepancy

  • April 16, 2024
  • 1 reply
  • 0 views

I did a reconciliation ending 12/31/2023.  But when I checked my report I noticed that Jan, Feb and March 2024 line items were also in the reconciliation.  I have already gone to the chart of accounts and register and unmarked the Jan, Feb and March transactions however I would like to now proceed with completing the 2023 reconciliation and also starting Jan, Feb and March 2024 reconciliations.

 

I have attached a screen shot - how do i fix this?  The 6016. 40 discrepancy is from the transactions this year ... how do i closeout 2023?

 

Thank you,

 

Sharon 

1 reply

J
jeanbiverly_
April 16, 2024

Let me help you get past the reconciliation discrepancy, Sharon.

 

There are several reasons that could cause a discrepancy in the transaction records, such as:

 

  • Someone edited a reconciled transaction or moved it to another account.
  • Someone unreconciled the transaction.
  • Someone has already reconciled the transaction by accident. 
  • Someone deleted the transaction.

 

To resolve it, you can review the discrepancy report and use it to decide if and how to make changes. To do so, you can visit the "Step 4: Review any discrepancy reports" section of this article: Fix issues for accounts you've reconciled in the past in QuickBooks Online.

 

Additionally, you'll need to redo the reconciliation for December 2023 and ensure that only the transactions for that period are included. The accountant's undo reconciliation tool is a feature exclusive to accounting professionals with active QBOA subscriptions. 

 

However, if you don't have an accountant with a QBOA subscription, you can still undo the reconciliation manually. 

 

Moreover, I suggest you check out this article that provides steps to closing your books and avoiding changes to your past transactions: Close your books in QuickBooks Online.

 

I'm still ready to back you up if you've got any other concerns besides reconciliation discrepancies. I'm only a reply away. Stay safe!

Terms & ConditionsAccessibility statement