Theresa, I have paid to one of my vendors thru "Pay Bills" by post dated cheque. I have also done the reconciliation. But the bank balance doesn't tally. Can we solve this problem without effecting the bank balance..?
Hi RRDubai and thanks for posting your question!
Since you paid the vendor with a post dated check, you should not have included the check when you did your bank reconciliation. When you reconcile your bank account, you should simply take your most recent bank statement and match up all transactions with the corresponding transactions in QuickBooks. That means that you will not mark that postdated check as "Cleared" in QuickBooks until you see the cleared check on your bank statement.
You can undo your last reconciliation and redo it only matching the checks, payments and deposits that actually show on your bank statement. For more information about bank account reconciliation, search for "Reconcile" in the QuickBooks Help Menu.
