Many of my clients ask me this question. I also had thoughts like this before I embraced the idea of how the account works. There are support projects we get where the client has avoided it all together making reconciliation more difficult. Let’s break it down. What the heck is it? Think of it as a drawer. You get a …
Is that balance correct in #QuickBooks?
When you are working on a bank or credit card reconciliation there are a few things you need to review. 1) the outstanding checks/deposits. Are these really outstanding or are they duplicates? One way to find out is to click find and search that amount. If it comes up twice, you may have a duplicate that needs to be deleted. …