QuickBooks allows the user to carry out the process of merging your QuickBooks account with your bank so that the details can be viewed on the software itself. Reconciling is an important term that you must know. Reconciling is the process of matching the transactions on your bank statement to what you have recorded in your accounting software using QuickBooks Bank Reconciliation Report. Like your personal bank accounts, it is important that you reconcile your business bank accounts monthly.
There are several benefits of preparing bank reconciliations in QuickBooks. The foremost benefit is you can be confident that all transactions on the bank statement are recorded in QuickBooks. Additionally, the profit and loss and balance sheet reports are automatically updated as you record transactions. At last, transactions are marked cleared in QuickBooks like they are with your bank. Using the steps listed in this blog user can generate QuickBooks bank reconciliation reports that show the details of all cleared and uncleared items.
I hope once you have been through this blog you will have no queries regarding QuickBooks Bank Reconciliation Report and in case of any issue contact QB support team at (800) 417-5147.
Steps to View Bank Reconciliation report in QuickBooks
· Click on Reports
· Enter Reconciliation Report in the Find report by the name search bar.
· Choose the option Reconciliation Reports.
· Select the Account for the reconciliation report you want to view.
· Using the Report period drop-down arrow, choose the reconcile period.
· Hit View Report.
How to export reconciliation report from QuickBooks online to excel?
QuickBooks online allows you to export QuickBooks Bank Reconciliation Report to excel and the steps are as follows:
· Highlight the information on the report.
· Using right-click copy the information.
· Click on Excel and right-click and paste the information.
· Modify the column widths for the format of the Excel report so as to display all the information.
· Finally, you need to select Save.
We conclude our blog here and hope that you can easily accomplish the above steps regarding QuickBooks Bank Reconciliation Report. For any error or query talk to QuickBooks Online Support team at (800) 417-5147.
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