Step-by-Step Guide to QuickBooks Online Undo Reconciliation

Reconciliation is one of the top-notch features of QuickBooks. This feature allows the user to see that the transactions made into the QuickBooks application matches that in your bank accounts, credit and debit cards. QuickBooks has made the reconciliation quick and easy to do in just a few clicks. In scenarios where the QuickBooks reconciliation does not match up with the bank account statements, the users need to consider QuickBooks Online Undo Reconciliation. Go through this complete article for your guide into QBO undo reconciliation process.

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Essential points before going for the process of Un-reconciling the accounts

1. Keep a backup of your data file to avoid any unavoidable loss of the company files and data.

2. Do not attempt to change the reconcile status of the transactions manually. This can lead to errors multiplying.

3. Find out the discrepancies in the account manually before you head-on for QuickBooks Online Undo Reconciliation

4. Make sure to delete adjustment entry if you have created any.

Manual Method to change the status of a Transaction

• From the toolbar at the top, click on the Gear icon.

• Click on Chart of Accounts present under the Your Company tab.

• Choose the account that requires changes.

• Select the View Register/Account History from the Accounts section.

• Select the transaction that needs changes.

• Click the top line of the transaction repeatedly to change the status of the transaction.

• Cleared Status is indicated by (C), Reconciled by (R), and if the box is blank then it means that the transaction is not reconciled or cleared.

Process of Undo Reconciliation in QuickBooks Online accountant

• Sign in with the accountant account into QuickBooks Online and select the client from the drop-down list option.

• Click on the Gear icon from the Toolbar at the top right and from under the Tools select Reconcile.

• Sort by clicking on History by Account from under the Reconcile an Account Page.

• Now select the Account and the Report Period from the History by Account page.

• Hit the Action drop-down list and select Undo.

• Click on Yes for the Confirmation.

• Click Undo once again and then hit OK to finish.

Reconciling process in QuickBooks requires utmost attentiveness to complete it, else it can lead to data loss. It is hence recommended to call (844)-888-4666 and get the process done by their support. The QB ProAdvisors at Accounting Helpline work at benefiting the customers by answering their queries and guiding them to complete the QuickBooks Online Undo Reconciliation. Call now and get your issue resolved.