QuickBooks 2008 Solutions Guide for Business Owners and Accountants

Chapter 6Bank Account Balance or Reconciliation Errors

• The Importance of Correct Bank Balances in Your QuickBooks Data

• Reconciling a Bank Account for the First Time

• Troubleshooting an Incorrectly Reconciled Bank Account

• Reconciling with an Adjustment

• Bank Reconciliation Troubleshooting Checklist

The Importance of Correct Bank Balances in Your QuickBooks Data

You might wonder why I would have to point out the importance of having the correct bank balances in your QuickBooks data, yet incorrect bank balances are often one of the most common problems I find when troubleshooting a client’s QuickBooks data. One of the first questions I ask new clients is whether they have reconciled their bank account in QuickBooks. Most will ...