Hi Matt, I really messed up. Is there anyway I can restore to the last saved QuickBooks information on 3/8/21? I unreconciled three years of bank statements. Please help
The only way I'm aware of is if you made a backup that you can restore. Maybe you can restore Windows back to a point but I'm not sure what that'll do to the QB file
Well if the bank made a mistake you would have to have them fix it of course. Until they do you could add a “Miscellaneous Expense” to the books to get it to reconcile. If you made the mistake in the register you just have to go in and fix it before reconciling.
Feel free to leave a comment or question here!
One thing I believe I have to learn more, is how to enter the credit card charges, so that way, I could reconcile credit card accounts if necessary.
Yep and you really need to reconcile them so you capture all expense and have the right liability balance
What if you never carry a balance over on your credit card, do you still need to record it this way?
In theory no BUT if you don’t then some of the charges could be expensed in the wrong month
Tyvm for sharing!
You’re welcome!
I purchased QB. I need to go back to January 1 to enter our information. It is April now. Credit card and bank account. Is it the same etnry process?
Yep!
Hi Matt, I really messed up. Is there anyway I can restore to the last saved QuickBooks information on 3/8/21? I unreconciled three years of bank statements. Please help
The only way I'm aware of is if you made a backup that you can restore. Maybe you can restore Windows back to a point but I'm not sure what that'll do to the QB file
When I choose assign check number, it will only accept a number. Do I enter a number, then change it to “electronic”?
Yep that works
@@QbuniversityOrg thank you. Nice to know the simple answer is the best.
@@annanelson6830 you're welcome!
How about if the bank make a mistake in their statement and how about if I made a mistake entry in check register?🙄🤔
Well if the bank made a mistake you would have to have them fix it of course. Until they do you could add a “Miscellaneous Expense” to the books to get it to reconcile. If you made the mistake in the register you just have to go in and fix it before reconciling.
@@QbuniversityOrg Thank you so much!🌻
@@graceyim2941 welcome!
How to fix paid bills showing past due?
Is this what you mean: ua-cam.com/video/t9ZuCDNVy6I/v-deo.html
how do you set up a business credit card for this process of reconciliation? thank you!
Just go to your chart of accounts and add a new credit card account
thank you
@@nataliabomar7963 welcome!