youtube quickbooks tutorial for creating statement chages

The information you entered from the account statement appears at the top of the page. Clicking the “All” tab shows all account transactions. Clicking the “Deposits” tab shows only deposits in the transaction list. Clicking the “Payments” tab shows payments in the transaction list.

You can click these tabs to filter the transactions in the list below to show only the associated types of account transactions. In the “Reconcile (Account name)” page that opens, the transactions for the account as of the statement ending date appear on the “Payments,” “Deposits,” and “All” tabs. Reconcile an Account in QuickBooks Online- Instructions: A picture of the “Reconcile (Account name)” window in QuickBooks Online. To reconcile the account after entering the statement information, click the “Start reconciling” button at the bottom of the window. Then select the date and the income account used to track interest income, from the adjacent “Date” and “Income account” drop-downs. To enter interest earned, type the amount of interest earned into the “Interest earned” field. Enter any bank service fees into the “Service charge” field and then select the date and the account used to track bank service fees from the adjacent “Date” and “Expense account” drop-downs. If needed, then enter any bank service fees or interest earned into the “Enter the service charge or interest earned, if necessary” section. Then enter the statement’s ending date into the “Ending date” field. Enter the statement’s ending balance into the “Ending balance” field. The account’s “Beginning balance” appears to the left.

For the selected account, enter the account’s statement information into the “Add the following information” section. In the “Reconcile” page, to select the account to reconcile, choose it from the “Account” drop-down. Reconcile an Account in QuickBooks Online- Instructions: A picture of the “Reconcile” page in QuickBooks Online.

When you return to this page in the future, it will immediately show the “Reconcile” page, instead. Then click the “Let’s do it” button in the pop-up window that opens to finally open the “Reconcile” page. The first time you open this page, you can click the “Get started” button to continue.

Then click the “Reconcile” link under the “Tools” heading in the drop-down menu to open the “Reconcile” page. To reconcile an account in QuickBooks Online, click the “Settings” button in the QuickBooks Online toolbar. How to Start Reconciling an Account in QuickBooks Online You can only reconcile balance sheet accounts in QuickBooks Online. This helps you detect bank errors and prevent fraud. You can reconcile an account in QuickBooks Online to match the transactions on your monthly bank statement with the transactions in QuickBooks Online. Reconcile an Account in QuickBooks Online: Overview

Youtube quickbooks tutorial for creating statement chages