Register balance on reconciliation report does not agree with QBO account balance on date in question, altho account is reconciled with zero differences?

Monthly bank statements are reconciled with no differences, but the register balance shown on the reconciliation report differs from the QBO balance for the date in question.  The difference is not the same from month to month.

Answer

1 person found this helpful

Hi there betheltreasurer41,

Let me share how report balance and reconciliation report works in QuickBooks Online.

The reconciliation report is a lock report that won’t be change regardless of any updates. In contrast, the QuickBooks register report automatically changes if there’s an update or modification to the transaction. So any changes may cause the difference on the reports.

In case you need further assistance betheltreasurer41, please don't hesitate to keep in touch with me here. Have a good day!

Was this answer helpful? Yes No
Original
IntuitGlenn , Community Support Specialist
Employee SuperUser
1 additional answer

No answers have been posted

More Actions

People come to QuickBooks Learn & Support for help and answers—we want to let them know that we're here to listen and share our knowledge. We do that with the style and format of our responses. Here are five guidelines:

  1. Keep it conversational. When answering questions, write like you speak. Imagine you're explaining something to a trusted friend, using simple, everyday language. Avoid jargon and technical terms when possible. When no other word will do, explain technical terms in plain English.
  2. Be clear and state the answer right up front. Ask yourself what specific information the person really needs and then provide it. Stick to the topic and avoid unnecessary details. Break information down into a numbered or bulleted list and highlight the most important details in bold.
  3. Be concise. Aim for no more than two short sentences in a paragraph, and try to keep paragraphs to two lines. A wall of text can look intimidating and many won't read it, so break it up. It's okay to link to other resources for more details, but avoid giving answers that contain little more than a link.
  4. Be a good listener. When people post very general questions, take a second to try to understand what they're really looking for. Then, provide a response that guides them to the best possible outcome.
  5. Be encouraging and positive. Look for ways to eliminate uncertainty by anticipating people's concerns. Make it apparent that we really like helping them achieve positive outcomes.

Select a file to attach:

Qb community
Looking for advice from other business owners?

Visit our QuickBooks Community site.