Reconciling your bank statements in QuickBooks 855-749-2321 is one of the most important steps to ensure your books match real-world transactions. Whether you’re using QuickBooks Desktop or QuickBooks Online, reconciliation helps you catch errors, prevent fraud, and stay audit-ready.

📞 Need help reconciling your account? Call 855-749-2321 to speak with a certified QuickBooks ProAdvisor.

What Is Bank Reconciliation in QuickBooks?

Bank reconciliation 855-7492321 is the process of matching your bank statement to the transactions recorded in QuickBooks. The goal is to ensure that all deposits, withdrawals, fees, and transfers are accurately recorded and nothing is missing or duplicated.

When done monthly, reconciliation helps:

Detect errors or fraud

Identify missing transactions

Keep your books tax-ready

Ensure the accuracy of financial statements

How to Reconcile Bank Statements in QuickBooks Online

Step 1: Go to the Reconciliation Tool

From the left menu, click Accounting > Reconcile

Step 2: Select the Bank Account

Choose the account you want to reconcile

Step 3: Enter Statement Details

Input the Ending balance and Statement Ending Date from your bank statement

Step 4: Match Transactions

Compare the bank statement with transactions in QuickBooks

Check off transactions that appear on your bank statement

Step 5: Check for Zero Difference

The difference between your bank statement and QuickBooks should be $0.00

Step 6: Finish Now or Save for Later

Click Finish now to complete, or Save for later if you’re not done

✅ Tip: Use the “Find Match” or “Edit” features to adjust any missing or wrong entries.

How to Reconcile Bank Statements in QuickBooks Desktop

Step 1: Open the Reconcile Window

Go to Banking > Reconcile

Step 2: Select the Account and Enter Info

Choose the account

Enter the Statement Date, Ending Balance, and any bank service charges or interest earned

Step 3: Match Transactions

Check off the transactions that match your bank statement

Step 4: Clear the Difference

Make sure the difference reads $0.00

If it doesn’t, check for:

Duplicates

Missed transactions

Incorrect dates

Step 5: Click Reconcile Now

Choose to print or save a Reconciliation Report for your records

🛠️ Fixing Common Reconciliation Problems in QuickBooks

🚨 Warning Signs to Watch For

Negative balances

Reconciliations taking multiple hours

Previous periods becoming unreconciled

Discrepancies after importing or syncing with a bank feed

If you notice these issues, it may be time for a cleanup or data review.

🧠 Pro Tips for Easy Reconciliation

Reconcile monthly — don’t wait till year-end

Use bank feeds for automatic transaction imports

Avoid deleting reconciled transactions — always void or correct

Keep printed or saved PDF copies of your bank statements and reconciliation reports

Regularly back up your QuickBooks data

Frequently Asked Questions

Q1: What if my beginning balance doesn’t match?

Run the Reconciliation Discrepancy Report to find changed or deleted transactions from previous periods.

Q2: Can I undo a reconciliation in QuickBooks?

QuickBooks Online: Yes, but only by an accountant user

QuickBooks Desktop: You must manually unreconcile each transaction or restore a backup

Q3: What if I can’t find a matching transaction?

Try expanding your date range or checking if the transaction was manually entered or downloaded incorrectly.

Call for Help Reconciling QuickBooks Accounts

Stuck with a reconciliation issue? Don’t risk making things worse.

👉 Call 855-749-2321 to speak to a certified QuickBooks reconciliation expert today.

✅ Fix mismatched balances

✅ Clean up old transactions

✅ Resolve error codes and syncing issues