What to Do in Quickbooks When the Bank or Credit Card Accounts Have Never Been Reconciled!

What to do in Quickbooks when the bank or credit card accounts have never been reconciled. Your bookkeeper leaves, you take over for someone else, or you take on a new client...and you discover that the bank or credit card accounts in Quickbooks have NEVER been reconciled. What do you do!?!

It may have been 1, 2, 5 years since they have been reconciled in Quickbooks, but don't worry. This video shows you the answer. There are 3 ways to fix this, and some super important guidelines to follow, but if the Quickbooks accounts have never been reconciled, there is a fix. Watch this video to discover how!

[Kalanimauimusic]

Thanks for the video! I don’t understand why the adjustment is hitting the income statement as the checks and deposits have already been recorded and gone through the financial statements prior?

[florak]

Hello, great video. I wonder what the online version of this looks like. I assume it is similar to the options as it is in the desktop version.

[shenycampos]

Do you have to fix that at a later time?

[laurenobrzut]

Wondering how the Reconciliation Discrepancy affects the taxes for that year? Thanks for the great video!

[irismauricio]

Hi my name is iris, I need help in the QuickBooks, I don’t have a lot of experience, I am doing for my church, but the Reconciliation is not same, With The Bank statement. Please please lee mi Know What To Do.

[sophea-pv]

i already reconcile it by month. why now it come back?

[DJRazorgirl]

This isn't a big help if the company hasn't filed the past years taxes and hasn't reconciled with QB for over 4 years. I guess I can go back 2 years and do this, but some of us need help with company's with owners or decision makers that have no clue how to utilize this software.

[kevywilliams]

That’s not helping someone who hasn’t received payments in the previous year!