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Fix a Bank Reconciliation not Balancing

Posted by Michael Davids 
Fix a Bank Reconciliation not Balancing
October 28, 2012 02:02AM
(Imported from our Old Forum) By hrquinnie :

How to solve the problem if the Bank Reconcile ending balance was not accurate, what’s the solution to continue the bank reconcile? Thanks amd regards
Re: Fix a Bank Reconciliation not Balancing
October 28, 2012 02:02AM
Hello

Here is the Video Response
[learnquickbooksfree.com]

Written Instructions
Here are 3 steps you can take

1. Check Amount of Deposits and Other Credits to see if that number matches your bank statement. Then do the same for Checks and Payments.

If One number matches up and not the other, then you know what section has the error. If both do not match up, then both sides have the error.

2. If Both sides do match up, then Its Prossibly either Service Feeds or Interest Earned. So Check that Second.

3. If #1 and #2 doesn't solve the problem, uncheck everything and recheck everything one by one.

Also if you have a merchant account, you may need to cross reference with that as sometimes they will bundle up sales and you have to figure out what they bundled up.
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