I appreciate you getting back, @MVEBA. I'm joining the thread to share additional details about the QuickBooks and Bank Balance under your Chart of Accounts.
The QuickBooks Balance is affected by all your transactions including those you haven't reviewed yet. While the Bank Balance is solely determined based on the transactions on the register. It'll only be updated if the account is connected to online banking. Manually imported or added entries won't affect your Bank Balance.
At this time, consider categorizing and matching your downloaded transactions to match their balances.
- Click on Banking on the left pane.
- Go to the Banking tab.
- Look for your bank, then categorize your entries under For Review.
I'm also adding this article for additional guides: Categorize and match online bank transactions in QuickBooks Online.
Additionally, learn more about matching your bank or credit card statements from this link: Reconcile an account in QuickBooks Online.
Always feel free to leave a comment below if you have other banking concerns. I'm here to help. Keep safe!
