How to reconcile my accounts in QuickBooks?

2 min read

Reconciling your accounts in QuickBooks online and on your desktop simply means checking your accounts and making sure the balances match your actual bank and credit card statements.  The process of account validation is called reconciling accounts in QuickBooks. Once a user receives a bank statement, it is important to compare each transaction to the transactions entered into her QuickBooks. If they match, it means your account is balanced. To learn more about the process of reconciling your accounts in QuickBooks, read this article to the end or contact our technical support team at +1-844-499-6700. We will then provide immediate support and assistance.

Steps to Reconcile Accounts in QuickBooks Online

You can attempt to reconcile your accounts in QuickBooks Online using the steps listed below.

Step 1: Check the starting balance

·         Verify that the starting balance matches the actual bank matching account.

·         The date you started tracking transactions in QuickBooks.

·         If you skip entering opening balances, you can follow the steps to enter opening balances later.

Step 2: Initiate Reconciliation

·         If your account is connected to online banking, ensure that you reconcile and categorize all downloaded bank feed transactions.

·         Once done, go to the Settings tab and click Match.

·         Click Get Started if you are running the adjustment for the first time.

·         Select the account you want to reconcile from the Account drop-down menu.

·         Make sure it matches what’s on your statement.

·         Next, check the opening balance.

·         Make sure your starting balance in QuickBooks matches the balance on your bank statement.

·         Also enter the ending balance and due date on the bank statement.

·         Check the end date of your last bill.

·         This is the end date of the last vote.

·         The current statement should start the next day.

·         Next, click the Start Comparison tab.

See also: QuickBooks Errors 1618

Step 3: Compare the Bank Statement to QuickBooks

·         Next, you need to compare the transactions on the bank statement to the transactions in QuickBooks.

·         Make sure you have the correct data and transactions in QuickBooks.


By the end of this section, the reader believes he will be able to reconcile his QuickBooks account. However, if your question remains unanswered or users require technical advice, please feel free to contact our technical support team at +1-844-499-6700. We will be happy to assist you with immediate support and assistance.

Other important links: QuickBooks Error H202, QuickBooks Error 12038

You May Also Like

More From Author