A bank-reconciliation in QuickBooks is an electronic balancing of your company bank accounts, such as checking or savings accounts. A reconciliation matches items you enter into QuickBooks software ...

Whether it's improper input of transactions, missing credits and debits or an incorrect opening balance, a myriad of things cause discrepancies between your actual bank balance and the one QuickBooks ...

Reconciling your business bank account monthly ensures you’ve correctly accounted for all transactions. It’s also the best way to catch and correct any missed or potentially fraudulent transactions.