Easy Method to Undo Reconciliation in QuickBooks Online

Down below we have listed all the benefits of reconciling accounts in QuickBooks Online:

It helps to figure out the discrepancies in the account balance.

Reconciling can avoid any errors that can trigger incorrect calculation of taxes.

If there are any accounts that are not captured by QuickBooks then reconciling help you capture those accounts.

Reconciling helps you stop deceivers from making fake entries in the accounts.

Following is the list of reasons why we need to undo reconciliation in QuickBooks:

1. To make changes to the payment that has been recorded on the wrong date.

2. The final calculation of the transactions is not clear.

3. After reconciling the account from the bank the amount left in the statement  does not match the actual account in QuickBooks.

4. There is an error in the date recorded by the bank.

1. Open QuickBooks Online from the browser and from under the Banking tab    select Registers.

2. Now select the account from the Register Name drop Down list.

3. Now select the transaction for which you want to undo the reconciliation.

4. Now from the transaction delete the letter (R) to change its status to                  unreconciled.

1. From your QuickBooks Online account log in using your admin account.

2. Select the client’s company file from the accounts drop-down list.

3. Now from under the Settings click Tools and then select Reconcile.

4. From the Reconcile an Account page click History by an Account.

5. Now select the account and the time-period.

6. From the Actions tab select Undo.

7. Click Yes for the confirmation and select Undo.

8. Click OK and open the accounts once again in QuickBooks Online.

Above mentioned are the basic steps to unreconcile in QuickBooks Online and the Accountant version of QuickBooks Online. If you are facing any error or issues while unreconciling the accounts in QuickBooks then you can follow our article Simple Guide to - QuickBooks Online Undo Reconciliation for advanced steps on reconciliation. You can also call QuickBooks Online Helpline Number (844)-888-4666 for immediate assistance from Certified QuickBooks Online Experts.