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Simplify payday and set payroll to run automatically on QuickBooks. Explore QuickBooks Payroll

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BigRedConsulting
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The account balance on your chart of accounts will only match the reconciled balance / statement ending balance when everything in the account is cleared.

 

For most bank accounts - those in regular use -  that'll never happen because you'll always have new transactions that were created after the statement date, and perhaps even older ones that haven't cleared - like a check you wrote to someone who just sits on it and doesn't cash it.

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