What does "Uncleared Transactions" & "Uncleared Deposits" mean on within the Reconciliation Report?

Hello there, @meccooley-gmail.

I'll share some information about Uncleared Transactions and Uncleared Deposits shown in a Reconciliation report.

QuickBooks Online's Uncleared Transactions and Uncleared Deposits are transactions and checks that are not settled yet by your bank. However, you can filter the reconciliation page to display cleared transactions only, allowing you to leave those transactions alone.

Uncleared transactions will not affect your P&L since the report is accrual/cash basis.

I recommend checking more helpful information about reconciling an account in QuickBooks Online. 

If you have additional questions about reconciling an account in QuickBooks Online, don't hesitate to drop a comment below. I'll be here to assist you.