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QuickBooks® Training Library

Reconciling in QuickBooks Online


Course
Quantity
For someone else
Alicia Katz Pollock
Quantity
For someone else
Purchase for $70 or enter access code

Reconciliation is how you confirm that your QuickBooks Online checking accounts, savings account, credit cards, loan balances, and liabilities are correct. If you don’t reconcile correctly every month, your reports will be wrong!

You’ll Learn About:

  • What accounts should get reconciled?
  • Why the banking feed still needs reconciliation
  • The Reconcile interface
  • Step-by-step reconciling
  • Tricks to locate errors quickly
  • How to solve common QBO workflow errors that create extra transactions
  • ...and a slew of time-saving techniques

 

After completing this course, you will be able to: 

  • Describe the purpose of account reconciliations
  • Recall the steps to reconcile your bank accounts and credit cards accurately
  • Identify methods of troubleshooting stray transactions

 

Instructional Level

Intermediate

Course Length

2 hours

Course Credits

2 CPE, Certificate of Completion

Field of Study

Computer Software & Applications

Delivery Method

Group Internet Based

Who should take this class?

  • Business owners and employees who maintain their company’s financial records
  • Bookkeepers and Accountants who wish to brush up on their skills

Advance Preparation 

None

 

Preview this course:

Get a sneak peek of what's inside this value-packed training. Watch the brief video below to explore the topics we'll cover and see the quality of content you can expect. Your journey to mastering the material starts here!

 

Learners rave: Find out why people love this course.

Discover the overwhelming praise as past learners share their experiences with this course. See all the reviews by clicking the 'Reviews' tab near the top of this page.


Course Description 

Even if you use the QuickBooks Online banking feed, it’s not a guarantee that your bank balances are correct. And when you have extra or missing transactions, your Profit & Loss and Balance Sheet are wrong!

Reconciliation is the monthly step to confirm your checkbook balance, credit cards, liabilities, and loans have been entered correctly. The problem is that most businesses reconcile the transactions that ARE on the statement, but ignore the ones that are not. 

That’s not Reconciling, that’s “reconciling,” and the result is that you may be paying your taxes wrong!

In this class, not only will Alicia show you how to reconcile properly, but she’ll show you how to trick out the interface to finish in seconds instead of hours.

Even better, learn how to identify errors in your accounting data by how they appear in your Reconciliation window. Use reconciling as a troubleshooting tool for duplicated entries, misclassified categories, transactions coded to the wrong funding source, and receipt captures that didn’t match the banking feed.

Take this class and save yourself hours of struggle...and make your reports a thing of beauty.

 

Refunds & Cancellations

Please view our Terms of Service, for information on refunds, cancellations, and complaint resolution. To request a refund, please contact us.

 

Royalwise is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

 

 




Course Credits: 2 CPE, Certificate of Completion. Must be awarded within one year of enrollment.

Course Updated: March 2025

Course Page Updated: October 2025

Here is the course outline:

How to Join the Live Class Zoom

Click the link below for instructions on how to join the live zoom

1 section
How to connect to the Zoom webinar

Download the Handout (Required for CPE Credit)

Download the handout that goes with the course. (Required for CPE Credit)

2 sections
Handout: Reconciling in QBO Slides
Glossary

Watch the Videos: Reconciling Your QBO (2025)

Reconciliation is how you confirm that your QuickBooks Online checking accounts, savings accounts, credit cards, and loan balances are correct. If you don’t reconcile correctly every month, your reports will be wrong!

22 sections
Intro and Agenda
Understanding Reconciling
Getting Transactions Into QBO
Reconciling Bank Accounts
What to Do When the Difference Doesn't Equal Zero
Marking Transactions
Reconciling - Review 1
Find Missing Transactions
Fix Incorrect Dates
Resolve Unmarked Transactions
Fixing Duplicated Transactions
What to Do When You Can't Change Past Data
When the Beginning Balance is Wrong
Starting Balance Alerts
Finishing the Reconciliation
Reports, History, and Undo
Reconciling Liabilities
Reconciling Loans
A Bug in Cleared Transactions
Reconciling Corporate Credit Cards
Payroll Checks Paid From the Wrong Account
Reconciling - Review 2

Take the Quiz

Take this quiz to demonstrate your mastery of the material. Pass the quiz with an 80% or higher to complete the Course, earn your Certificate, and win points!

2 sections
Reconciling Quiz
Complete this survey for CPE Credit

Completion

The following certificates are awarded when the course is completed:

Royalwise CPE Certificate
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