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RECONCILIATION REPORT

Posted by SORAYA50 
RECONCILIATION REPORT
January 02, 2013 09:37PM
on the reconciliation report, It does show old deposits and checks that have not been clear. they are from the year 2007-2009-2010 2012, what is the correct way to clear this out of quickbooks?

I will appreciate your prompt respond to this matter

sincerely

Soraya
Re: RECONCILIATION REPORT
January 02, 2013 11:27PM
It wouldn't be right to check it at this point since it already cleared previously. Which means if you checked it, you would have to put in some fake transactions on the other side to balance it out. However, this is a wrong way to go about it.

The Quickiest and Right way to fix this is to simply start a new chart of accounts when a new month start.

So For Example:

Previous Chart of Account: Wells Fargo Bank #1829
New Chart of Accounts: Wells Fargo Bank #1829 - New
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