Hi Jen_D,
You said, "Please note that the ending balance of a reconciliation becomes the beginning balance of the following period. Every adjustment made to a previous reconciliation that changes the register's balance requires reconciling the following period again."
I'm hoping you can help me with an issue that I'm having. The company I now work for had hired an outside bookkeeping company. This company had saved 5 copies of the same month's reconciliation, all with different end dates within the same month. I discussed this is our accountant, and it was agreed there should be only one copy of the month's reconciliation, so our accountant used the "batch undo" function to undo all of the month's reconciliations.
Now, when I try to do the reconciliation again, it says the beginning balance is out by roughly -$40,000. I've followed the steps in "We can help you fix it", but that hasn't changed anything. I've gone through the bank register to make sure all of the transactions are there and "cleared" and that hasn't made a difference either.
When I look at the last reconciled month, the ending balance is correct as to what the beginning balance should be. Do you have any thoughts why there is this error between the ending balance and why I'm being told my beginning balance is out by so much?
We are using QBO.
Thanks in advance!
