Monday, June 25, 2012

QuickBooks: Reconciliation Discrepancy


My bank reconciliation is off. Last month I clicked on some of the cleared checks on the register instead of waiting for the bank statement at end of month.  When I tried to do the bank reconciliation, I wasn't able to view all of the checks and click on those not already checked off. I hit the Reconcile Now button and QuickBooks did an adjustment. Now I have to do this month’s reconciliation and I see that there are some uncleared items from last month. What do I do?

I suggest that you unreconcile last month.  To do this click Reconcile on the home page, select the appropriate bank account and then click on the Undo Last Reconciliation button and start over. 

I discourage anyone from trying to reconcile off the check register for these exact reasons.

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