Hi, I'm new to QBO since January 2021. I'm trying to reconcile my Cheque Bank Account. My opening balance has been downloaded from my bank feeds. My deposit and payment amounts match my bank statement but my balance is wrong. My bank account is an overdraft amount but doesn't show up as a negative amount. I've checked all the transactions against my bank statement and they are correct so I think the error may lay with the opening balance.

As an example let's say my overdraft is $60 and I have used $40 of the overdraft leaving me with -$20 as opening balance on bank statement but it shows $40 as opening balance in quickbooks. The difference in reconciling is $38. Like I said before my deposits and withdrawals are all correct.

Hope that makes sense