Yes I have reconciled the bank rec. I've taken over the accounts in this company and they had transferred from Desktop to Online about 6 months or so, and I think that this is where all these uncleared balances are coming from. If I go into the account history and mark the uncleared amounts as reconciled then my subsequent bank rec's starting balance is then out by this amount. Is there something I can do about this or do I just need to accept that my starting balance will be out by these amounts for one period that I reconcile?

payment after leaving

Level 10

Hi swalters2

We presume you manually reconciled the uncleared payments and that the beginning balance of your next reconciliation was correct before doing so?

SM02

I have similar situation

At year end we have 2400 for outstanding cheque. As a result closing balance reduced from the statement balance 34450 to 32050. Can someone please advise what to do when putting opening balance for the following year.

Cheers

GeorgiaC

Level 13

Hi SM02,

Thanks for joining in on this thread.

To clarify, was this cheque entered in QuickBooks? Is it due to be cleared in the following financial year?

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