How to use Bank Reconciliation Tools in QuickBooks Online

Authored by: Support.com Tech Pro Team

1. Introduction

How to use Bank Reconciliation Tools in QuickBooks Online

2. Banking Reconciliation Tools

QuickBooks Online bank reconciliation tools allow you to reconcile accounts, correct mistakes, and resolve discrepancies all from one area. Any Balance Sheet account (except retained earnings) may be reconciled using the same process.

To process a reconciliation;

From the Accounting option on the left-hand navigation menu, click the Reconcile tab

Click the Edit info button on the top right-hand side of the screen

Imported transactions via CSV or Bank Feeds will automatically be ticked. 

Ensure the Beginning balance is accurate, and that the Ending balance and Ending date are correct 

Check transactions and tick or untick as required. Once you have matched the reconciled balance, your Difference value will show a big green tick.