Title: How To Reconcile Your Bank Account To QuickBooks?
1How To Reconcile Your Bank Account To QuickBooks?
2When you enter your money transactions into your
QuickBooks accounting online files, such as
receiving amount or payment against the product,
expenses, and deposit each of the transactions
needs to be checked and matched to the bank
statement. All this process of examination and
accuracy is called the Reconcile. You can check
your online account and bank statement every
month to compare all the transactions and money
flow in your account. It makes you updated with
the credit and debit in your account. If you find
any error in the bookkeeping, checks it out at a
first place otherwise, it may cause a serious
loss. But with QuickBooks you wont face this
kind of issues, it provides you accurate data and
correct digit of money flow.
3- To reconcile your bank account, follow the
mentioned stripes below- - Navigate to your QuickBooks homepage and click on
a settings gear icon. - Select tool and then place the cursor to the
reconcile option. - This will open another page on your screen,
choose your Account that you want to reconcile
and the hot to Reconcile Now button. - Type your end date in the statement ending date,
then enter the amount in the ending balance and
press OK. - Now the transactions highlighted in Yellow with
the Green paper icon are the transaction that you
made online. - These transactions have been entered manually so
you need to investigate to see if these belong to
the correct place. - Double check the beginning balance, statements
ending balance. - If the difference balance shows 0.00 digits it
means this bank account has reconciled and the
transactions are correct. - If you click on cancel you will lose all the
ticked transaction you have marked.
4To manage your money flow on your Mac device you
can Purchase QuickBooks Desktop and get the
assure discount on every version available on the
site. In case, you have any issue pertaining to
the installation process you can contact us, the
techies will guide you to set up the product your
Mac device.
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