SarahannC
Moderator

Banking

Hello there, Doug E Fresh.

 

Yes. The rule will still be applied after undoing some transactions. It helps accounts to be balanced and accurate. Let me also share with you a few reasons why sometimes we unreconcile transactions. 

 

Here are the possible reasons for doing it:

  • When transactions are reconciled but not part of your bank's statement.
  • It's matched to the wrong downloaded transaction in your book.
  • Getting an unexpected error and needed to delete them out.

 

In case you still have a problem with your reconciliation, or you may have adjusted a past reconciliation. It's best to consult your accountant to help and guide you further with this. I've attached some articles below wherein we can get additional information about reconciling accounts.

 

 

Comment below if you have more something to ask about reconciliation in QuickBooks Online. We are all right here to help. Take care!