I recognize it's much work to review your yearly data, @info-acousticalc. Let me share insights about the categorized balance transaction in QuickBooks Online (QBO).
If you're referring to the bank or QuickBooks balance, there are instances that they don't match, as the QuickBooks balance is affected by all transactions entered in the register, including the ones you haven't reviewed yet. While bank balance is determined based on the cleared transactions from your bank. The following factors below can also cause the balances to vary:
- Outstanding transactions
- New transactions for a connected account
- Duplicate transactions
- Edited or deleted transactions
- Credit card (liability) account
If it's something else, please give us more information about the incorrect number you mean to narrow an accurate solution to fix them.
In addition, you can check these references to help you reconcile your account once every month to keep your books accurate and review the transactions after being downloaded or imported:
If any queries arise, please don't hesitate to reach us. I'll be around to help. Stay safe.
