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New Member
October 4, 2026
Question

Employee Payroll Amount is Different than Bank Statement Amount

  • October 4, 2026
  • 1 reply
  • 11 views

My total payroll last month came to $12,736.76.  However, my bank statement cleared $12,736.75.  It’s off by one penny.  How can I get this to clear in QB Desktop so that I can reconcile for the month?

1 reply

QuickBooks Team
October 4, 2026

You can resolve a $0.01 discrepancy in QuickBooks Desktop by locating the error and editing it, or by allowing the software to create an automatic adjusting entry during reconciliation to ensure the account balances. Keep in mind this is not a first move and should be considered a last resort.

For guidance on managing discrepancies while reconciling an account in QuickBooks Desktop, refer to the What to do if balances don't match section of this article: Reconcile an account in QuickBooks Desktop. 

Please know that QuickBooks Desktop sometimes rounds individual paycheck calculations slightly differently than the bank processes the total, leaving a 1-cent discrepancy.

If you need additional help with reconciliation or related issues, please respond to this thread. I'm here to assist you.