Find Reconciliation Discrepancy In QuickBooks Online

[@worldwidequickbooks]

Hello my friends I'm happy to tell you about this great feature that Intuit has included with QuickBooks Online. The bank reconciliation discrepancy report is a report that shows any change to any past reconciliation. This way you can make sure that all of your past months are reconciled properly before focusing on the current month. We know very well that past months reconciliations should never be changed and any transaction that was cleared in a prior month should never be changed in any way because that will screw up both your past and future reconciliations. This special report will show you every change to every past transaction after it was reconciled so you can quickly identify what happened and find and fix all prior months reconciliation right from the same window. It's a fantastic tool and you'll be an expert in using it if you follow this video step by step and you will always be able to focus on the current month reconciliation. You should also know that this video is only one part of the full bank reconciliation course that you can get to by looking at the link below the table of contents in the description field. I hope you will click like after watching in order to help support the free channel for everyone and please subscribe and stay in touch! Mark

[@chytealthedeal]

Wonderful video as always!

[@worldwidequickbooks]

Thanks again! I really appreciate it and I'm very glad you like the videos and that they are helping you and again don't forget to click like after each one to support the free help for everyone and encourage subscribing Mark

[@chytealthedeal]

​@@worldwidequickbooksAlways 🤜🏾🤛🏾

[@hussainafg1653]

Hi in quickbooks desktop when I Adjust quantity and value on hand of inventory item it affects profit and loss. The profit is more than it should be. And adjust account I choose is cost of goods sold. How should I adjust quantity and value that it shouldn’t affect wrong??

[@worldwidequickbooks]

Thank you but the inventory adjustment should be made to reflect whatever the physical value and physical count is at the moment that you adjust The adjustment account that changes along with inventory should reflect the reason for the adjustment Watch this video kzbin.info/www/bejne/epimmoCvpqhmsKM

[@hussainafg1653]

@@worldwidequickbooks ok but if we don’t choose expense and income account for adjustment, does choosing cost of goods sold account for adjustment correct??

[@umangsharma7883]

Respected sir one question to asked QuickBooks online and QuickBooks online pro advisor is same or different.....

[@worldwidequickbooks]

Different

[@junaidahmed4424]

Mark when you are adding new courses

[@worldwidequickbooks]

I'm adding pieces of new courses little by little and very soon I will be finished with the new bank records and the one after that will be a Home Finance course and accounts receivable and accounts payable and I hope to finish them by the end of the summer

[@AnikDasofficials]

Your content is really amazing bro. I want to talk with you.

[@worldwidequickbooks]

Thank you for the kind words You can send an email to worldwide QuickBooks at gmail.com and we can chat from there