quickbooks for mac 2016 reconcile different beginning balance

From the Reports menu, go to Banking > Reconciliation Discrepancy.You can identify the transactions that are causing discrepancy by running the following reports: To Fix An Incorrect Balance Correct edited, deleted, or cleared transactions Note: Make sure that the Difference amount shown is now zero.

Go to the Deposits and Other Credits section, choose the appropriate Journal Entry.Fill-in the statement date and closing balance matching your Journal Entry.From the Account drop-down options, select appropriate account.From the Banking menu, select Reconcile.

Perform a mini reconciliation to correct the opening balance under Begin Reconciliation screen.

Choose Opening Balance Equity option on the second line.

Provide the correct beginning balance under the Debit column.

Choose the appropriate account from the Account drop-down options.

Make changes in the date to correct statement date of your beginning balance.

From the main menu, go to Company > Make General Journal Entries.

Use the correct date and amount to create a journal entry to see in the Begin Reconciliation window.

However, the journal entry can be created and then you need to perform a mini reconciliation to correct it. If you are reconciling your account for the first time, you can recreate the opening balance, but you won’t find this option on the Begin Reconciliation window. To Correct A Zero Balance Recreate The Opening Balance

Your QuickBooks Company File was converted from a different QuickBooks version.

The transactions you cleared and reconciled previously we voided, deleted, or modified.

Either you didn’t enter any balance or entered incorrect balance while setting up the account.

This issue can occur due to multiple reasons and some of them are as follow: While opening the Begin Reconciliation screen and choosing an account reconcile, you get zero or incorrect.

Quickbooks for mac 2016 reconcile different beginning balance