SMART TRICKS TO FIX RECONCILIATION DISCREPANCIES | 1-866-292-4631

 To ensure that your a/c is accurately reflecting your business transactions is the biggest function of Reconciliation in QuickBooks. In case, you have already reconciled an account and it is showing a different balance in next reconciliation, it simply means that your a/c has QuickBooks Reconciliation Discrepancy.
   These discrepancies with reconciliation may be caused due to:-
* The older reconciled transactions must have been added/ deleted/modified.
* Adjustments with reconciliation.

     Doesn't matter what's the reason behind it, follow these steps to remove the reconciliation discrepancies-

1. When transactions are modified, deleted or added-
2. To recognize discrepancies with your QB software, there are some reports available.

*Reconciliation Discrepancy Report-  
       The report shows you the sorted transactions by dates that were modified since the last reconciliation.
1. Select QuickBooks Reconciliation Discrepancy from Banking option, in Reports menu.
2. Hit 'OK' after selecting an appropriate account.
3. Review the reports to identify your discrepancies

*Missing Check Reports- 
       The user may verify their missing transactions with the help of this report.
1. Select Missing Checks from Banking option in Reports menu.
2. After selecting an appropriate account, press 'OK'.
3. Now, compare your bank transactions with the report transaction that doesn’t match

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*Transaction Detail Report- 
       The changes can be verified using this report. Also, it helps you to modify transactions.
1. Choose Transaction Detail from Customs Reports in Reports menu.
2. After then, select the following from Display Tab-
* Date From = The earliest QuickBooks dates.
* Date to = Date of the current reconciled statement.
3. Under the Filter tab, select the following-
*Account- The account that is being reconciled.
Last Modified-
* Date from - last reconciliation
* Date to -   today
* To run the report press OK.

        Reconciliation Adjustments-
    If you have earlier forced a reconciliation which in turn resulted in a reconciliation discrepancy, it could be the probable reason behind the current discrepancy. To deal with such situation, you need to do this in Reconciliation Discrepancy a/c.
* From list menu, choose Charts Of Accounts
* Double click on 'QuickBooks Reconciliation Discrepancy' to open it
* Choose a suitable filter from the Dates to drop down menu
1. You need to undo previous reconciliation if you are not able to find the incorrect transaction until the opening balance appears correct.
2. After making correct your opening balance, you may continue with the reconciliation process. But remember that the opening balance is correct for all the months and if it's not, do it manually.
3. Also, you are required to undo bank reconciliations of past years if they were changed/deleted to ensure that your opening balance remains correct. 
 If you want to know more about this, please make a call at Quickbooks Support Phone Number 1-866-292-4631 and visit us on Quickbooks Enterprise Support.