My very big concern is once it comes how do I enter the opening balances in the QBO . (after I set up the company and the chart of accounts for his company , how do I populate the accounts to show the opening balances in accounts that will match the balance...
The discrepancy in the beginning balance is due to not entering an opening balance in QBO. To fix this, we'll create a journal entry to record it. Here's how: Go to the +New button. Under Other, select Journal entry. Enter a date before the oldest transacti...
Allow me to assist you further and ensure you’ll be able to match your bank statement in QuickBooks Online (QBO). Undoing a Reconcile is an accountant only feature, as you stated. The reason for this is so It’s not done accidentally. If a user was to accidentally undo a reconcile it...
If you do have a transaction on the bank statement which is not in QuickBooks then you will need to affix it to QuickBooks. To do so, simply choose Finish Later from the drop-down to save your work: If the lost transaction is a withdrawal/payment, enter it as you usually would. In ...
I'll be sure to help fix the issue you encountered about entering any reconciling date in QuickBooks Online (QBO). If you get your account isn't ready to reconcile yet error message when trying to reconcile in QuickBooks. This means that you have a beginning b...
In the Ending Balance field, enter the balance of your last successful reconciliation. Then, select Continue. In the Reconcile window, check off the transactions you are fixing and re-reconciling. Make sure the Difference field shows $0.00, then select Reconcile Now. Visit this article to learn...
Hey Quickbooks Team, after reading all the posts from the beginning of this thread, you clearly either refuse to, or are unable to comprehend our complaint. Please stop providing useless fixes until you truly understand the real issue. At this point you...
Simply click on the following link and enter your city or ZIP to speed up the process: ProAdvisor. Otherwise, you'll have to unreconcile the transactions one at a time. Here's how: Go to Bookkeeping or Accounting and choose Chart of accounts. Find the account that has the rec...
I have my bank attached to QBO. Currently - when I receive a payment for an invoice, I open the customer, select the invoice, receive payment and fill in all info. The payment goes into my UNDEPOSITED FUNDS. From there, (I thought) I was to go to bank dep...
1- how to fix beginning balance discrepancy of reconciled deleted transaction? 2- How to fix reconciled deleted transactions Cheer Reply AnneMariee QuickBooks Team November 25, 2023 05:27 AM Thanks for joining the thread, Akami7H. Let me provide answers to ...