Hi Paddy.
I'm here to share with you some additional information about reports and reconciliation in QuickBooks Desktop.
When writing a check, you need to pick or use two accounts. A bank or credit card account where the funds are coming from. And, the expense account where you can track your expenses. If you're uncertain of what account to pick, I recommend seeking assistance from your professional accountant. They are the ones who can guide you with choosing the correct accounts and keep an accurate balance of your account.
Each transaction is posted in your reports accordingly. Your income and expenses are added to your Profit and Loss report. Your assets, liabilities, and capital or equity are posted to your Balance Sheet.
On the other hand, you need to reconcile your account to match the balance between QuickBooks and your real bank or credit card statements. For your guide, you can open this link: Reconcile an account in QuickBooks Desktop.
If you have any other additional questions about your checks and reconciliation, please let me know by adding a comment below. I'm more than happy to help. Have a good one!
