Bank statements from various banks may look a little different from each other, but they do have a few things in common. In most cases, you can see your bank statements online, by logging into your bank account. ![]() To “really” reconcile, you’ll need a monthly bank statement because you must to enter some information from this statement directly into QBO and verify that the transactions which cleared your bank actually match the transaction recorded in your books.Ī bank statement usually comes in the mail every month, unless you’ve opted to go paperless. However, if you do add and match transaction in the bank feeds window first, the reconciliation of your bank statement to QBO will go much smoother. You cannot reconcile a bank account just by adding or matching transactions. ![]() ![]() ![]() Some QBO users assume that reconciling a bank account is when they add or match transactions in the bank feeds window. The bank feeds window is not the reconciliation windowįirst, let me eliminate a common misconception.
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