Reconcile is a process of matching transactions that a user-entered in QuickBooks Desktop with your bank or credit card company’s record. We recommend you to reconcile in QuickBooks Desktop on a regular basis to ensure the accuracy of your accounting data.
Disclaimer: Before you start Reconciling your bank account you should follow steps:
In this window, you choose the bank or the credit card account to reconcile the information. Then the user can review all the information corresponding to it. It is important that all information in this window is accurate before proceeding to the next step.
To go to the Begin Reconciliation window, go to the Banking menu and click Reconcile:
You will normally need to undo last reconciliation when you cannot locate discrepancies during reconciliation or if you want to change the date of the opening balance. It takes previously clear transactions as unclear when you undo the reconciliation, and your beginning balance goes back to the past beginning balance.
On this screen, you can refine the choices you want to match against your bank statement. This is where you select transactions to clear. If this screen shows no difference after you select all transactions that appear on your statement, then you can simply click the Reconcile Button and you’re done reconciling the account.
If you want to know more about how to reconcile in QuickBooks Desktop and for any other QuickBooks Support connect with us at at QuickBooks Help Desk Number and speak to Certified QuickBooks ProAdvisor Support team.
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