How do I fix my reconciliation report that shows total cost instead of net pay amount on paychecks

It's nice to see you here in the Community, @usertleeka. I'll help you fix your reconciliation report in QuickBooks.

You'll want to check your Payroll preference and update your payroll accounting settings to ensure that the reconciliation report will show as the net pay amount on paychecks instead of the total cost. From there, you can customize how you track your payroll wages, taxes, deductions, and company contributions to your chart of accounts to meet your accounting needs.

Follow the steps below to update your payroll accounting settings.

1. Go to the Gear icon ⚙, then Payroll settings.
2. Click Edit ✎ next to Accounting.
3. At the bottom of that page, click the pencil to Update Existing Transactions.
4. Set the date 1 day before the first transaction with the issue.
5. Click Update.
6. Then check to make sure the existing transactions have been corrected.

For more details about the process, see this article: Change your accounting preferences in QuickBooks Online Payroll. Once done, run the reconciliation report and check its total amount. For complete steps on how to view, print, or export a report, see this article: How do I view, print, or export a reconciliation report?

Additionally, you may find it helpful to read this article on how to wrap up this year's payroll and prepare for the next using QuickBooks: Year-end checklist for QuickBooks Online Payroll.

If there's anything else you need or have other concerns with the reconciliation report, please let me know in the comments below. I'll be here ready to help you out.