How To Reconcile Your Bank Account In QuickBooks?
For a healthy growth in a business, one needs to work on their financial status and trace their bank details simultaneously. QuickBooks manage your account system and offers you a lot of time to make a smart business move to grow your business. To make an account you need to sign up with QuickBooks and follow the steps to fill your credentials like you are supposed to enter your business details; your company name, an address of your company, contact number and bank account to receive the payment from the customers. It creates a book in the application itself where you can see all the transactions in your account, you can calculate the total receiving amount from the customer and total spend amount in the products.
If you don’t know the vocabulary of the business, still you can manage your account. It is very easy to operate you don’t need to take special classes to run this software on your device. And if you experienced any difficulty in setting any details in the application then you can contact the QuickBooks Support.
To Reconcile the Bank Account in QuickBooks follow the points which are given below:
- Login your device as administer and navigate to the reconcile Menu; click over a gear icon and select reconcile in the tool area.
- Now select the account in the given list which you want to reconcile and hit the reconcile tab beside the search box.
- Note the statement end date and the ending balance amount.
- Back to the QuickBooks and enter the statement end date and then next enter the ending balance amount and click the blue OK tab.
- In the reconcile page check all the transaction with your bank statement and tick the box.
- When you find the difference value zero at the bottom then click on finish now.
- To examine the reconcile report click on a detail a new page will open then click run report.
- Next to print the page click on a print option in a blue tab.
Now you successfully done with the process of Reconcile, to solve more issue pertain to this software you can read our more articles and call QuickBooks Contact Number Australia +61-388205003. The technical support team will always there to help you can try to solve the issue at once.
