How to Reconcile a Bank Account that Has Never Been Reconciled

I am so glad I found your page. You do a wonderful job of explaining how to do everything. I just started at an office, where they went all of last year without reconciling. I am going to attempt to reconcile it for the first time, and try to get the books back on track. If I reconcile based on January 2024 bank statement, will that be something I can do?

Best video I have found on this, you explain in a way that´s so easy to understand, thanks so much

I like how you made it simple for new comers to understand. Thank you !!!!

Hi, I need to reconcile credit card accounts.

Great! Thank you! Only that sometimes you speak so fast and in a whisper that is difficult for me to understand. But at the end I got it which is the important. Thank you very much for what you do and my deepest respects!

All the accountants should be like you! God bless you and thanks so much!! Perfect and easy explanation for non experts like me

So what do you do when a bank f up your deposit and then you have missing amounts of cash or when they're is a discrepancy in amount of withdrawl vrs the amount thats left

Yes I need to learn discrepancies pls

Great video!! Thank you so much! I am so glad I found your channel! I just subscribed! :)

Can you send the one about cleaning up Quikbooks?

Hello Candus great video I have a dicrepency I have a transaction that is on my statement but not on quickbooks anywhere how do I add the transaction in quickbooks please help

Thank you Candus for the clear explanation and tips on reconciling. Very helpful!

I'm reconciling an account that has never been reconciled. When I go to Reconcile, QBO shows me a negative balance. How do I move forward?

Does excluding transactions affect me when I go to reconcile accounts??

Thank you for the great video, I am taking on a non-profit (so no tax implications). They have never reconciled. QB reconcile function shows a negative beginning balance. Is it possible to reconcile from this point going forward without clearing years of transactions? Thank you?

What if you have a client that has never reconciled and has transactions from 2020, but has made payments each month and recorded them. They have cc charges in 2020 recorded but none after that. I only have statements from Jan to now to start from. How do I begin reconciling this in QB Desktop Enterprise 2023?

My beginning balance is incorrect on my CC. We opened the account in Nov and when I set up the account I entered the wrong beginning balance. How can I correct?

I use the desktop software. One of my accounts I haven't reconciled in years but would like to start now with 2023. What do I do about all of the previous unreconciled years and how can I start fresh for 2023??

The best explanation I have found about how to reconcile. Thank you very much!

Super helpful! Would love a tutorial on where to start with a credit card that's not been reconciled in 2 years!

Thank you so much for the simple explanations! (This video also led me to find the help I need most right now, which is learning how to clean up past errors.)

Hi candus, I have client that never been reconciled since 2018 and he start using quickbooks this year 2023. It is possible to link his banks account in QBO and upload manual csv file of previous year 2018- 2021 and do the reconcile? Or I just do the manual entry with those previous year, thanks

I have just taken over for a small company. They have NEVER reconciled. We have transactions from 2013. Where do I start??

12.8.22 Very good, thaink you.