How to Reconcile a Bank Account that Has Never Been Reconciled

[@josepulido9360]

Wow this was perfect. I'm going back 2.5 years, this was well explained.

[@CandusKampfer]

Hi Jose, Thanks for reaching out. I'm so happy you found our tutorial video helpful! If you’d like to learn more about how to optimize QuickBooks for your business, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@rubenidarraga7535]

The best explanation I have found about how to reconcile. Thank you very much!

[@CandusKampfer]

Oh my gosh, thank you so much! We love hearing this. 🙏🏻 If you haven't already joined our weekly QB Tips & Tricks, click here to join and we'll send you our tips straight to your inbox: canduskampfer.com/weeklytips Have an amazing day! Ednalyn ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer Pinterest: pinterest.com/canduskampfer/

[@davidflannery7848]

Agreed - definitely the best.

[@yolandaalaniz7244]

I like how you made it simple for new comers to understand. Thank you !!!!

[@CandusKampfer]

Hi Veronica, This is so awesome to hear! I'm so glad our video helped you 🤗 If you're looking for additional support with your QuickBooks, you can also check out our Confidence with QuickBooks program: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@anaoc159]

All the accountants should be like you! God bless you and thanks so much!! Perfect and easy explanation for non experts like me

[@CandusKampfer]

Oh my gosh, thank you so much! We love hearing this. 🙏🏻 If you haven't already joined our weekly QB Tips & Tricks, click here to join and we'll send you our tips straight to your inbox: canduskampfer.com/weeklytips Have an amazing day! Sam ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer

[@crsigns101]

Brilliant!!! You speak so clearly. Big thumbs up.

[@CandusKampfer]

Hi, Thanks for reaching out. I'm so glad you enjoyed Candus's teaching style! If you’d like to learn more about how to optimize QuickBooks for your business, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@miguelortiz8847]

Great! Thank you! Only that sometimes you speak so fast and in a whisper that is difficult for me to understand. But at the end I got it which is the important. Thank you very much for what you do and my deepest respects!

[@CandusKampfer]

Hi, I'm so glad you enjoy our videos! I wanted to let you know that you can actually adjust the speed of the video if it's too fast for you by clicking on the wheel on the right corner 🙂 I hope this helps. Have a great day, Samantha Team Candus

[@GayleRomay-o5h]

Best video I have found on this, you explain in a way that´s so easy to understand, thanks so much

[@CandusKampfer]

Hi, Thank you so much! We love hearing this. 🤗 If you're looking for additional support with your QuickBooks, you can also check out our Confidence with QuickBooks program: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@taurusglare28]

Thank you so much for the simple explanations! (This video also led me to find the help I need most right now, which is learning how to clean up past errors.)

[@CandusKampfer]

You're very welcome!

[@JeanineTaylor-l7y]

Great video! Gives me hope that I'll be able to cleanup older accounts in QBO.

[@CandusKampfer]

Hi Jeanine, Thanks for reaching out. I'm so happy to hear that you found our video helpful 🤗 If you're interested in more in-depth training on cleaning up your older accounts in QBO, I recommend checking out our QuickBooks Simplified program. To learn more you can attend our Cleaning up workshop. Save your seat here: CandusKampfer.com/cleanup Have a great day, Samantha, Team Candus

[@chucktrotter9699]

12.8.22 Very good, thaink you.

[@shenelldavis5975]

This was a great video. Thanks for explaining so well.

[@CandusKampfer]

Hi Shenell, Thanks for reaching out. I'm so glad you enjoyed our tutorial! If you’d like to learn more about how to optimize QuickBooks for your business, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@morayophilips6200]

Well done, Candus.

[@CandusKampfer]

Hi, Thanks for reaching out. We appreciate your kind words 🥰 If you’d like to learn more about how to optimize QuickBooks for your business, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@jimgeorges7392]

Thank you Candus for the clear explanation and tips on reconciling. Very helpful!

[@CandusKampfer]

Glad it helped you. Have an amazing day! Ednalyn ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer Pinterest: pinterest.com/canduskampfer/

[@heathmastroianni]

I am so glad I found your page. You do a wonderful job of explaining how to do everything. I just started at an office, where they went all of last year without reconciling. I am going to attempt to reconcile it for the first time, and try to get the books back on track. If I reconcile based on January 2024 bank statement, will that be something I can do?

[@CandusKampfer]

Hi, Thanks for reaching out. I'm sorry we're just now responding to your comment! I'd recommend reconciling prior periods of time. You could start in January 2024, but all the old transactions will just be sitting there. If you’d like to learn more about how to optimize QuickBooks for your business, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@kris2455-c5r]

Super helpful! Would love a tutorial on where to start with a credit card that's not been reconciled in 2 years!

[@CandusKampfer]

Hi Kristin, Thank you for watching our videos 😊 I will add your question to the list Candus uses to create new QuickBooks tips each month. The best possible way for you to receive support from Candus is to register for and attend her workshop. Here is the link to register to attend: canduskampfer.com/workshop Have a great day! Kindra ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer Pinterest: pinterest.com/canduskampfer/

[@WendyNachtman-s1p]

Very informative video, with simple and great walk-through explanations. thank you very much; I do have one question; I am trying to reconcile my checking account for 2023; my last statement balance is correct, I put the start balance and date in and clicked the reconcile button, but nothing appears on the screen? Any idea why this is happening. Thank you.

[@CandusKampfer]

Hi, Thank you for watching our video. That could be because of a few different variables. If you're interested in more in-depth training on this topic, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@kevywilliams3304]

Yes I need to learn discrepancies pls

[@DebraMorgan-r2g]

The account has never been reconciled so I do not have a beginning balance. Can I enter it manually and move forward?

[@bethclub8304]

Can you send the one about cleaning up Quikbooks?

[@kcoffey0708]

Helpful video. That you

[@CandusKampfer]

Hi, Thanks for reaching out. I'm so happy to hear that you found our video helpful! If you’d like to learn more about how to optimize QuickBooks for your business, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@EdwardandSharron.Boyd.Blessed]

I would like credit card tutorial training as well please thank you

[@CandusKampfer]

Hi Edward, Thank you for reaching out. Here's some tutorials we have that covers Credit Cards: canduskampfer.com/?s=credit+card If you’d like to learn more about how to optimize QuickBooks for your business, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@EdwardandSharron.Boyd.Blessed]

@@CandusKampferthank you

[@dazzlin1968]

Hello Candus great video I have a dicrepency I have a transaction that is on my statement but not on quickbooks anywhere how do I add the transaction in quickbooks please help

[@CandusKampfer]

You'll want to add the transaction into QB manually. It's common that every now and then the bank feed doesn't download all the transactions. If you'd like tutorials on how to use these types of features in QB. I would recommend checking out my Confidence with QuickBooks Program. You can learn more about my training style on my Customizing QuickBooks workshop: canduskampfer.com/workshop

[@JenniferMolinar-g8x]

What is the cost for your workshops? How often are they offered? Thank you!

[@CandusKampfer]

Hi Jennifer, Thank you for watching our video. If you're interested in learning more about our Confidence with QuickBooks program, I'd recommend attending our free Customizing QuickBooks workshop. This is where we will share more about the details of our program. You can save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@SoniaMora-q3l]

Candus, Thanks for this video. I have a question. I have had quickbooks since 2022, connected the bank account in 2023. Can I start reconciling the account from January 2023? or you recommend go back from 2022. Regards

[@CandusKampfer]

Hi Sonia, Thanks for reaching out. There are a couple of different strategies, including lump sum reconciliation to get it to the current year. We don't have a KZbin video that covers how to do this, however, we teach this in our QuickBooks Simplified Community. To learn more you can attend our Cleaning up workshop. Save your seat here: CandusKampfer.com/cleanup Have a great day, Samantha, Team Candus

[@SoniaMora-q3l]

@@CandusKampfer Thanks! ♥♥♥

[@shivaraj108]

Are we supposed to review /categorize under the Bank Transactions section first before going to the reconcile section?

[@CandusKampfer]

Hi, Thank you for watching our video. If you're interested in more in-depth training on this topic, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@AlisonMcCoy]

I have just taken over for a small company. They have NEVER reconciled. We have transactions from 2013. Where do I start??

[@CandusKampfer]

Hi Alison, This depends on whether the taxes have been paid for the previous years. You can always start with this past year and reconcile before this year's taxes are paid. ~Kindra/Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer Pinterest: pinterest.com/canduskampfer/

[@conniesanchez534]

Im glad I found this, I too just took over a small business and Im trying to work through what they used.

[@martinandrade2076]

Thank you so much .

[@CandusKampfer]

Hi Martin, Thanks for reaching out. I'm so glad you enjoyed our video! If you’d like to learn more about how to optimize QuickBooks for your business, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@illegaltendencies7803]

So what do you do when a bank f up your deposit and then you have missing amounts of cash or when they're is a discrepancy in amount of withdrawl vrs the amount thats left

[@darleneshipe7120]

Great video!! Thank you so much! I am so glad I found your channel! I just subscribed! :)

[@CandusKampfer]

Hi! Thank you for watching our videos Glad it helped you. Have an amazing day! Ednalyn ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer Pinterest: pinterest.com/canduskampfer/

[@rons4298]

Thank you for the great video, I am taking on a non-profit (so no tax implications). They have never reconciled. QB reconcile function shows a negative beginning balance. Is it possible to reconcile from this point going forward without clearing years of transactions? Thank you?

[@CandusKampfer]

Hi Ron, Thank you for watching our videos 😊 I will add your question to the list Candus uses to create new QuickBooks tips each month. If you haven't already joined our weekly QB Tips & Tricks, click here to join and we'll send you our tips straight to your inbox: canduskampfer.com/weeklytips Have a great day! Ednalyn ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer Pinterest: pinterest.com/canduskampfer/

[@hgseeker5552]

What if you have a client that has never reconciled and has transactions from 2020, but has made payments each month and recorded them. They have cc charges in 2020 recorded but none after that. I only have statements from Jan to now to start from. How do I begin reconciling this in QB Desktop Enterprise 2023?

[@CandusKampfer]

Thank you for watching our videos 😊 I will add your question to the list Candus uses to create new QuickBooks tips each month. If you haven't already joined our weekly QB Tips & Tricks, click here to join and we'll send you our tips straight to your inbox: canduskampfer.com/weeklytips Have a great day! Ednalyn ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer Pinterest: pinterest.com/canduskampfer/

[@dianacabrera4291]

Hi Candus, how do you reconcile an account that has never been reconciled in QBO, but it should have been. So, basically there is months or even a few years of activity, but it was never reconciled in QBO?

[@CandusKampfer]

Hi Diana, Yes, we recommend reconciling them and there's different ways to catch up depending on how many years and if you file taxes or not. If you need additional support, please reach out to our team at [e-mail] so we can point you in the right direction. Have a great day, Samantha, Team Candus

[@rachelcardona5504]

What should i do if the beginning balance from qb does not match with the beginning balance per bank statement?

[@CandusKampfer]

Hi Rachel, Thank you for watching our video. If you're interested in more in-depth training on how to match your beginning balance with your bank statement, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@aliciad.4931]

Hi, I need to reconcile credit card accounts.

[@marilynjackson3191]

Would I be able to Reconcile accounts if I have personal entries excluded from QB? I use the same accounts for business and personal. Personal are excluded in QB and do not show in the Reconcile bank list.

[@CandusKampfer]

Hi Marilyn, Thank you for watching our video. If you're interested in more in-depth training on how to reconcile your accounts with your personal entries, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@nachodubs3172]

I am reconciling Feb, 2022 online QB. I have an entry that is dated 4/15/21 on the QB register. It says Split journal entry $868.35 however the difference in the bank is $674.28. I don't know whether to delete the journal entry because it is 10 months old and April, 2021 has already been reconciled. Advice?

[@CandusKampfer]

Hi, We never recommend deleting a prior transaction in the year where you've already filed taxes. You would want to adjust it in the current year. If you'd like to learn more about this, check out our QuickBooks Simplified community where we cover how to clean up prior years. You can learn more by attending our Cleaning up workshop: CandusKampfer.com/cleanup Have a great day, Samantha, Team Candus

[@Mubin-p]

I want to do bookkeeping services for USA, how to start

[@CandusKampfer]

Hi, Thank you for watching our video. If you're interested in more in-depth training on how to start your QuickBooks so you can begin bookkeeping, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@darylgadson5189]

if i am new to quickbooks and never reconcile the hold year what do I do?

[@CandusKampfer]

Hi Daryl, Thank you for watching our video. If after watching this video you're interested in more in-depth training on this topic, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@MPConstruction-w8b]

My beginning balance is incorrect on my CC. We opened the account in Nov and when I set up the account I entered the wrong beginning balance. How can I correct?

[@CandusKampfer]

Thank you for watching our videos 😊 I will add your question to the list Candus uses to create new QuickBooks tips each month. If you haven't already joined our weekly QB Tips & Tricks, click here to join and we'll send you our tips straight to your inbox: canduskampfer.com/weeklytips Have a great day! Ednalyn ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer Pinterest: pinterest.com/canduskampfer/

[@darylgadson5189]

I need help with my profit and loss and balance sheet is completed. But I have not added my assets for depreciation. I am scared to go in and mess the Balance sheet up and throw everything out of order. What should I do? Help, trying to complete my business taxes. So lost with this quickbook

[@CandusKampfer]

Hi Daryl, Thank you for reaching out. I noticed that you're a part of our community and that you emailed us about needing support with this. I wanted to let you know that I emailed you back, and if you have any additional questions please reach out again at [e-mail]. Thank you! - Samantha, Team Candus

[@CandusKampfer]

Hi Daryl, I'm following up with your comment because I also found a video from our blog that I think you'll find helpful: canduskampfer.com/how-to-enter-depreciation-into-quickbooks/ If you have any additional questions, please email us at [e-mail] Have a wonderful day! - Samantha, Team Candus

[@leslyjuarez3292]

My transactions won't appear when I reconcile an account. I clicked "view all" and nothing appears, could you know why? The beg balance is also different from the statement beginning balance :(

[@CandusKampfer]

Hi Lesly, Thank you for watching our video. If you're interested in more in-depth training and in learning how to find your transactions when you reconcile, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@crystalshares627]

Hi candus, I have client that never been reconciled since 2018 and he start using quickbooks this year 2023. It is possible to link his banks account in QBO and upload manual csv file of previous year 2018- 2021 and do the reconcile? Or I just do the manual entry with those previous year, thanks

[@CandusKampfer]

Hi Crystal, Yes, that's possible. However, you do want to make sure that if taxes have been filed for previous years that the amounts match those reports. Unless you're planning on sending in amendments. If you were to find mistakes while reconciling, that could throw off the numbers when you fix them. Just something to be aware of. Thank you for watching our videos 😊 Have a great day! Kindra ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer Pinterest: pinterest.com/canduskampfer/

[@crystalshares627]

@@CandusKampfer thanks you so much

[@vanessacollins3997]

I opened by business account 12/04.23 which includes a share account. So when i got my statement put in my ending balance but for some reason the beginning balance is a - 24.23. All other transaction are ok. but there is a charge for the same amount on 1/06/24. Help!!

[@CandusKampfer]

Hi Vanessa, Thanks for reaching out. The purpose of reconciling is to make sure there's no duplicates and to remove them if you find any. If you’d like to learn more about how to optimize QuickBooks for your business, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@barbarasabido2556]

I'm reconciling an account that has never been reconciled. When I go to Reconcile, QBO shows me a negative balance. How do I move forward?

[@CandusKampfer]

Thank you for watching our videos 😊 I will add your question to the list Candus uses to create new QuickBooks tips each month. If you haven't already joined our weekly QB Tips & Tricks, click here to join and we'll send you our tips straight to your inbox: canduskampfer.com/weeklytips Have a great day! Ednalyn ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer Pinterest: pinterest.com/canduskampfer/

[@MarinMarketingMaven]

I use the desktop software. One of my accounts I haven't reconciled in years but would like to start now with 2023. What do I do about all of the previous unreconciled years and how can I start fresh for 2023??

[@CandusKampfer]

Hi Donna, Thank you for watching our videos 😊 I will add your question to the list Candus uses to create new QuickBooks tips each month. The best possible way for you to receive support from Candus is to register for and attend her workshop. Here is the link to register to attend: canduskampfer.com/workshop Have a great day! Kindra ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer Pinterest: pinterest.com/canduskampfer/

[@TheAybow1]

My question, as well, for QBO.

[@WindowJazz]

I need to reconcile credit cards

[@CandusKampfer]

Hi, Thank you for watching our video. If you're interested in more in-depth training on how to reconcile your Credit Cards, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@Nicholas45451]

Does excluding transactions affect me when I go to reconcile accounts??

[@CandusKampfer]

Thank you for watching our videos 😊 I will add your question to the list Candus uses to create new QuickBooks tips each month. If you haven't already joined our weekly QB Tips & Tricks, click here to join and we'll send you our tips straight to your inbox: canduskampfer.com/weeklytips Have a great day! Ednalyn ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer Pinterest: pinterest.com/canduskampfer/