Starting Out with QuickBooks Online
Banking Reconciliation Tools QuickBooks Online bank reconciliation tools allow the you to reconcile accounts, correct mistakes and resolve discrepancies all from the one area. Any Balance Sheet account (except retained earnings) may be reconciled using the same process. To process a reconciliation; From the Accounting option on the left hand navigation menu, click the Reconcile tab Click the Edit info button ion the top right hand side of the screen
Note: Imported transactions via CSV or Bank Feeds will automatically be ticked.
Ensure the Beginning balance is accurate, and that the Ending balance and Ending date are correct
Check transactions and tick or untick as required. Once you have matched the reconciled balance, you Difference value will show a big green tick.
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