i have so many questions which one first. Ok im trying to close 2008 and the owner deleted a transaction for april 2008 on my bank account which has been reconcilled already now 2 accounts eed to be redone from 2008 till now how can i do this without
NO ONE SHOULD EVER change any entry in a period for which you have already done taxes or financial statements. If so, it is critical that your file match the one your accountant got when he did these. That is why QuickBooks has a preference to freeze prior, periods with a separate password, which you should use.
This is why you must start by entering the April 2008 entry. QuickBooks has a Locate Discrepancies button when you start a bank reconciliation. This Locate, plus prior reconciliations in the Premier Accountant Edition (ask your accountant) should give you the details of the deleted entry. You then start to do a new bank rec for THE SAME DATE as the one you did before the change. Check the box in the upper right corner of the reconcile screen, so later entries do not confuse you.
If you can now match the ending balance that you had before you are almost done. You only have to decide if you want to enter a current date (bank rec date) of a bogus deposit, to offset against the old check in the reconciliation, so you can reverse it properly. This deposit would normally contra the account expensed by the check not cleared, but it may be Unknown or something else for many good reasons.
