how do you reconcile a bank statement in quickbooks online


questioned by administrator @ in Mathematics viewed by 156 People


Which 2 statements are correct regarding reconciling a bank account in QuickBooks Online? (Select all that apply) You can only undo a bank reconciliation via a link in the Accountant Toolbox To successfully reconcile and run a reconciliation report you need to enter the Statement Ending Date and Ending Balance from the relevant bank statement Reconciliations must only be run at period end to estimate tax owed To see the Reconciliation report, select View report after you've successfully reconciled the account

Answered by administrator @



Answer:

The correct statements are:

To successfully reconcile and run a reconciliation report you need to enter the Statement Ending Date and Ending Balance from the relevant bank statement

To see the Reconciliation report, select View report after you've successfully reconciled the account.

EXPLANATION:

The steps to reconciling a bank account using QuickBooks Online include:

1. Click on the Gear button, then on “Tools” and then “Reconcile.”

2. Click on the drop-down menu under “Accounts” and select the account you want to reconcile.

3. Enter the “Ending balance” and “Ending date” based on your bank statement information.

4. Match transactions to your bank statement and check them off one by one.

5. Apply filters so transactions are easier to find.

6. Keep going until the “Difference” field is zero and you see the Success! page.

7. Select "View Report" from the Report period drop-down arrow to view your reconciliation report.


Do you know the better answer?

Latest questions in Mathematics

why did jefferson oppose the establishment of a national bank

Questioned by administrator @ in History viewed by 162 persons

Why did Thomas Jefferson oppose Hamilton’s national bank? He thought it would be too weak. He thought it was unconstitutional. He wanted a more powerful government. He believed in the …
View 1 answer

what is the importance of electricity for rural india

Questioned by administrator @ in Social Sciences viewed by 123 persons

Importance of electricity for rural india
View 1 answer

gym class heroes robert burns compare and contrast answer key

Questioned by administrator @ in English viewed by 425 persons

Gym class heroes/Robert burns compare and contrast
View 1 answer

why should we plant trees along the coast

Questioned by administrator @ in Social Sciences viewed by 162 persons

Why should we plant trees along the coast ? ​
View 1 answer

what is the best description of physiological dependence on alcohol

Questioned by administrator @ in Health viewed by 136 persons

Which is the best description of physiological dependence on alcohol?
View 1 answer

all india radio centre was set up at shimla

Questioned by administrator @ in History viewed by 137 persons

In which year all india radio centre was set up at shimla himachal pradesh?
View 1 answer

what happens in terms of energy when a moving car

Questioned by administrator @ in Physics viewed by 139 persons

What happens in terms of energy when a moving car hits a parked car, causing the parked car to move? The moving car transfers kinetic energy to the parked car. …
View 1 answer

which of the following characteristics do bryophytes share with algae

Questioned by administrator @ in Biology viewed by 140 persons

Which of the following characteristics do bryophytes share with algae
View 1 answer

kevin is planting 15 bushes and 9 trees in rows

Questioned by maham237 @ in Mathematics viewed by 487 persons

: Kevin is planting 15 bushes and 9 trees in rows. If he wants all the rows to be exactly the same, with no plants left over, what is the …
View 1 answer

cash memo is prepared when goods are sold

Questioned by administrator @ in Business Studies viewed by 195 persons

29. Cash memo is prepared when the goods are sold *O On creditO On cashO Both (a) and (b)O None of these​
View 1 answer

why was the lesson called the last lesson

Questioned by administrator @ in English viewed by 137 persons

Why was the lesson called the last lesson​
View 1 answer

what are some fundamental differences between bacteria archaea and eukaryotes

Questioned by administrator @ in Biology viewed by 127 persons

Identify the differences between Bacteria, Archaea, and Eukarya, and the evolutionary relationships between the 3 groups Explain the ecological roles of prokaryotes: decomposers, producers, nitrogen fixers, pathogens, and various symbioses …
View 1 answer

what is the charge on the ion formed by selenium

Questioned by administrator @ in Chemistry viewed by 133 persons

Write symbol without electron dots, for the ion formed when selenium gains two electrons.
View 1 answer

what solute particles are present in an aqueous solution of ch3coch3?

Questioned by maham237 @ in Chemistry viewed by 128 persons

Acetone, CH3COCH3, is a nonelectrolyte; hypochlorous acid, HClO, is a weak electrolyte; and ammonium chloride, NH4Cl, is a strong electrolyte. Part A. What solute particles are present in an aqueous …
View 1 answer

no two individuals are absolutely alike in population why

Questioned by administrator @ in Science viewed by 110 persons

No two individuals are absolutely alike in a population.why?
View 1 answer

which best describes the march on washington for jobs and freedom?

Questioned by maham237 @ in History viewed by 150 persons

Which best describes the March on Washington for Jobs and Freedom? It was attended by only a few thousand people. It was attended mostly by white Americans. It was chaotic …
View 1 answer

which organic matter in soil do plants need to grow

Questioned by administrator @ in Biology viewed by 141 persons

Which organic matter in soil do plants need to grow? Water Bacteria Air Nitrogen
View 1 answer

suppose you want to quickly perform a customer marketing survey

Questioned by administrator @ in Business viewed by 222 persons

PLEASE HELP ME! Suppose you want to quickly perform a customer marketing survey, while allowing some measure of anonymity and keeping costs as low as possible. What type of survey …
View 1 answer

what is the real name of tony stark

Questioned by administrator @ in Science viewed by 113 persons

What is Tony Stark's real name? ​
View 1 answer

why are danger signals red in colour class 10

Questioned by administrator @ in Physics viewed by 146 persons

Why red colour light is used for danger signal
View 1 answer

prove that 3 root 5 is an irrational number

Questioned by administrator @ in Math viewed by 139 persons

Prove that root 3 +root5 is irrational
View 1 answer

what was the first european colony established in north america

Questioned by administrator @ in History viewed by 128 persons

What was the first European colony established in North America?
View 1 answer

main memory of computer system is known to be

Questioned by administrator @ in Computer Science viewed by 136 persons

Main memory of computer system is known to be 1.non volatile 2.volatile3.reserved4.restricted​
View 1 answer

how many lead shots each 3 mm in diameter

Questioned by administrator @ in Math viewed by 117 persons

how many lead shots each 3 mm in diameter can be made from a cuboid with dimension 12 cm × 11 cm × 9 CM ?
View 1 answer

define militarism in ww1

Questioned by maham237 @ in History viewed by 76 persons

Match each cause of World War I to its definition. TITLES A.nationalism B. imperialism C. alliances D.militarism PAIRS 1. meant to discourage conflict;an agreement between European countries to help one …
View 1 answer

name the type of lens whose power is positive

Questioned by administrator @ in Science viewed by 133 persons

What is power of lens? what is s.i. unit ? name the type of lens whose power is positive
View 1 answer

animals that are active at night are called

Questioned by administrator @ in Environmental Sciences viewed by 223 persons

Animal that active at night are called?
View 1 answer

cost of one blank dvd

Questioned by maham237 @ in Business viewed by 104 persons

Zip Games purchases blank DVD disks onto which it copies its software for sale through its mail order operation. A disk costs Zip $.25. Processing an order for more disks …
View 1 answer

Most viewed questions in Mathematics


john wants to send a letter to peter

Questioned by maham237 @ in Mathematics viewed by 6287 persons


why would a prism beat a sphere in a competition?

Questioned by maham237 @ in Mathematics viewed by 5197 persons



from 2000 to 2003 students were tested

Questioned by maham237 @ in Mathematics viewed by 3755 persons


trigonometry pile up answer key

Questioned by maham237 @ in Mathematics viewed by 2746 persons


if jill has 6 different sweaters

Questioned by maham237 @ in Mathematics viewed by 2667 persons



how many years of basic math experience do you have

Questioned by administrator @ in Mathematics viewed by 2626 persons


spring blooms logic problem sampler

Questioned by maham237 @ in Mathematics viewed by 2338 persons


.19 of joe's salary goes for taxes. what percent of his salary does this represent?

Questioned by maham237 @ in Mathematics viewed by 2328 persons



what do they call bowling in hawaii worksheet answers

Questioned by maham237 @ in Mathematics viewed by 1857 persons


jorge is making 6 large salads

Questioned by maham237 @ in Mathematics viewed by 1815 persons


2.4 puzzle time where do young tigers swim answer key

Questioned by administrator @ in Mathematics viewed by 1785 persons



what happened to the snowman during the heatwave math worksheet

Questioned by administrator @ in Mathematics viewed by 1724 persons


a school typically sells 500 yearbooks

Questioned by administrator @ in Mathematics viewed by 1716 persons


a customer ordered a product online for 299

Questioned by maham237 @ in Mathematics viewed by 1691 persons