QuickBooks Tip:  Reconciling Accounts

PFI Coach QuickBooks TIP:

  1. Connect your bank accounts to QuickBooks. Once connected your daily transactions get downloaded automatically into QuickBooks each night. Categorizing them throughout the month makes reconciling much simpler.
  2. While reconciling or ‘matching’ your bank statement with your expenses listed in ‘Checks and Payments’, make sure you only check the box on the far left. If you click anywhere else on the line item it will open up in other windows and can be difficult to ‘find your way back’ to the reconcile window.

For instructions how to reconcile your expenses in QuickBooks, watch this short video (1:59 min)

(Source: https://youtu.be/ZQyTWxPhdug)

Based in Bellingham, WA,  ProFound Impact is a division of Business Support Services Northwest, LLC and Chris McGee has provided QuickBooks training, integration solutions and reliable business advice to the North Sound, Whatcom and Skagit Counties for over 25 years.

Reconciling Accounts in QuickBooks