Hello, my QuickBooks Bank Reconciliation fans! This video of learning QuickBooks online will address the issues that would arise when doing the second consecutive month’s bank reconciliation. Outstanding checks and deposits in transit that were not marked as “cleared” in last month’s bank reconciliation, should appear on the current month’s statement and should be marked as cleared during this month’s bank rec. I thank you all and hope that you will click “like” and “subscribe.
I deeply appreciate the kind words and I'm glad this bank reconciliation playlist is helping you I'm thankful if you click like after watching each one to help support the free channel for everyone
Great to hear! If you click on the top right corner of this video you'll get the link to the full bank reconciliation playlist and if you watch it in proper order you will understand absolutely every possible thing and be the highest level expert in bank reconciliation If you can't find the link let me know and I only ask that you click like after watching each one to help support the free channel for everyone and please subscribe Mark
You're very welcome! You shoulkd check out the full Bank rec playlist. Click on the top-right corner of the video and the other reconciliation topics may help you as well. I hope you will always click "like" after watching each one. -Mark
Glad you like them! You could get the full playlist that this video is a part of if. You click in the top right corner of this video and then if you watch the playlist and proper order you will really be an expert. Thank you again for the comment and I hope you will click like after watching each one to help support the free channel for everyone and please subscribe Mark
I'm very glad it helped you and that you like it and you can get anything else regarding quickbooks on the main channel page or just by asking me I hope you will click like after watching each one and subscribe Mark
Mark, thanks for the lesson. Your lesson showed a mistake by the bank on Staple transaction which can happen. But unless you put in the transaction manually as they occur, you wouldn't know the mistake, by just accepting the feeds. I like this method which must put in manually to check against the statement for vendor fraud/error, BUT this is a lot of work! In your bookkeeping business, how do you do this for your clients?
Yes I do! ua-cam.com/video/aoWghI3kvpc/v-deo.html That's everybody's favorite. If you then, need specific areas like inventory or such, please let me know, I have a video on everything. If you say you are a beginner, I can give you the basic accounting tutorial as well if you thonk it will help. -Mark
Thanks for showing a detailed bank reconciliation for the second consecutive month . . . this is what I'm looking for . . .. . . very easy to follow and understand , . . thanks for incorporating a challenge(discrepancy) on bank and qbo on check#7 . . . and what to do when this happens . . . I'm very happy to find this video . . . keep it up! :) . . . #teamreplay
Thank you so much and I'm so glad it's helping you. I must tell you that this video is only one video in a bank reconciliation playlist. It would be great if you watched the full playlist in proper order and saw this video in its proper context. You can get the full playlist by clicking in the top right Corner of the video or clicking under the 1st paragraph in the "description" field For the link to the full playlist so you can watch everything in proper order. I hope you will click like after watching each one and subscribe Mark
hi sir , thanks for the awesome explanation, please make a videos on monthly end reporting process of transcation, journal entries and finanacial statement.
I want to watch your video on the bank feed and matching the transactions before bank reconciliation. Please share the link for the bank feed and find a match. I shall highly appreciate it.
Fun the counting is coming up because i'm soon going to launch a video for quick books online for home finance and you do fund accounting the same way I suggest you ask the professor if you are studying accounting where you can get reading material Because that's an accounting question.Not a quick book's question Mark
Hi Dear Teacher....should I be worried if few reference numbers doesn't match.... and secondly...Is there any method to reconcile the Cash on hand transactions ..so that our all record is matched.
Thank you for your question and calling me teacher I appreciate it. The check numbers are very important because when you reconcile the check number or transaction number of the transfer must be correct in the same way that the money amount must be correct. If dates are a little off, that's no problem and if vendor names are not spelled correctly, that's no problem. In fact, if you actually chose the wrong vendor or even the wrong expense account, that would not affect the reconciliation. But the reference number, check number, deposit number, transfer number all must match the same way the money amounts match because that's the bank reconciliation process. Please confirm that you have the link to the full playlist, so you can watch everything in proper order to benefit best Mark
Thank you for your question and calling me teacher I appreciate it. The check numbers are very important because when you reconcile the check number or transaction number of the transfer must be correct in the same way that the money amount must be correct. If dates are a little off, that's no problem and if vendor names are not spelled correctly, that's no problem. In fact, if you actually chose the wrong vendor or even the wrong expense account, that would not affect the reconciliation. But the reference number, check number, deposit number, transfer number all must match the same way the money amounts match because that's the bank reconciliation process. Please confirm that you have the link to the full playlist, so you can watch everything in proper order to benefit best Mark
If you have the Excel file for the first month statement then the same Excel file has all the other bank statements and they are on different sheets Please confirm you have it and if not I will send you the link
Thank you for your question and yes, if you click in the top right corner of this video you will get the full playlist of bank reconciliation. If you do the playlist in proper order you will see it has links to materials that you can use and bank statements that you can use to match and follow step by step. Mark
Hello, my QuickBooks Bank Reconciliation fans! This video of learning QuickBooks online will address the issues that would arise when doing the second consecutive month’s bank reconciliation. Outstanding checks and deposits in transit that were not marked as “cleared” in last month’s bank reconciliation, should appear on the current month’s statement and should be marked as cleared during this month’s bank rec.
I thank you all and hope that you will click “like” and “subscribe.
You are an incredible teacher
I deeply appreciate the kind words and I'm glad this bank reconciliation playlist is helping you
I'm thankful if you click like after watching each one to help support the free channel for everyone
Thank for your great video. I am new to QB and was very confused with bank register and reconciliation. Now I feel very comfortable.
Great to hear!
If you click on the top right corner of this video you'll get the link to the full bank reconciliation playlist and if you watch it in proper order you will understand absolutely every possible thing and be the highest level expert in bank reconciliation
If you can't find the link let me know and I only ask that you click like after watching each one to help support the free channel for everyone and please subscribe
Mark
Thank you I am likely to find you such a Great Teacher
Wow, thank you!
Thank you so much. I was struggling for a long time and you make it clear. God bless you.
You're very welcome!
You shoulkd check out the full Bank rec playlist. Click on the top-right corner of the video and the other reconciliation topics may help you as well.
I hope you will always click "like" after watching each one.
-Mark
awesome videos .thank you
Glad you like them!
You could get the full playlist that this video is a part of if. You click in the top right corner of this video and then if you watch the playlist and proper order you will really be an expert.
Thank you again for the comment and I hope you will click like after watching each one to help support the free channel for everyone and please subscribe
Mark
Thanks for the video. This helps a lot for us newbies in QuickBooks.
I'm very glad it helped you and that you like it and you can get anything else regarding quickbooks on the main channel page or just by asking me
I hope you will click like after watching each one and subscribe
Mark
Mark, thanks for the lesson. Your lesson showed a mistake by the bank on Staple transaction which can happen. But unless you put in the transaction manually as they occur, you wouldn't know the mistake, by just accepting the feeds. I like this method which must put in manually to check against the statement for vendor fraud/error, BUT this is a lot of work! In your bookkeeping business, how do you do this for your clients?
Thank you and this video is about Bank feeds and importing transactions and that should clear things up
ua-cam.com/video/zMsb8Od9fEQ/v-deo.html
Great work! 👏👏👏👏
Thanks!
Thank you too!
I hope you will support the free channel by clicking like after watching each one and please subscribe
Mark
Yes definitely! I’m starting out a little late. However, do you have a beginner’s video for Bookkeeping? I would like my own business. Help!
Yes I do!
ua-cam.com/video/aoWghI3kvpc/v-deo.html
That's everybody's favorite.
If you then, need specific areas like inventory or such, please let me know, I have a video on everything.
If you say you are a beginner, I can give you the basic accounting tutorial as well if you thonk it will help.
-Mark
Thanks for showing a detailed bank reconciliation for the second consecutive month . . . this is what I'm looking for . . .. . . very easy to follow and understand , . . thanks for incorporating a challenge(discrepancy) on bank and qbo on check#7 . . . and what to do when this happens . . . I'm very happy to find this video . . . keep it up! :) . . . #teamreplay
Thank you so much and I'm so glad it's helping you.
I must tell you that this video is only one video in a bank reconciliation playlist.
It would be great if you watched the full playlist in proper order and saw this video in its proper context.
You can get the full playlist by clicking in the top right Corner of the video or clicking under the 1st paragraph in the "description" field For the link to the full playlist so you can watch everything in proper order.
I hope you will click like after watching each one and subscribe
Mark
hi sir , thanks for the videos, your explanation is aweosme, plz make the video on monthly end reporting process of transcation,
Already uploaded.
Please search the playlsits for "accounting journal entries for kids".
hi sir , thanks for the awesome explanation, please make a videos on monthly end reporting process of transcation, journal entries and finanacial statement.
This playlist may be what you are looking for
ua-cam.com/video/FmaV11JLvCM/v-deo.html
I want to watch your video on the bank feed and matching the transactions before bank reconciliation. Please share the link for the bank feed and find a match. I shall highly appreciate it.
Thank you so much, here it is.
ua-cam.com/video/3ocpiJb63ws/v-deo.html
Don't forget to click "like" after each one!!
Sir
Your videos excellent
But i am from India i want fund accounting videos please guide me
Fun the counting is coming up because i'm soon going to launch a video for quick books online for home finance and you do fund accounting the same way
I suggest you ask the professor if you are studying accounting where you can get reading material
Because that's an accounting question.Not a quick book's question
Mark
Hi Dear Teacher....should I be worried if few reference numbers doesn't match....
and secondly...Is there any method to reconcile the Cash on hand transactions ..so that our all record is matched.
Thank you for your question and calling me teacher I appreciate it.
The check numbers are very important because when you reconcile the check number or transaction number of the transfer must be correct in the same way that the money amount must be correct.
If dates are a little off, that's no problem and if vendor names are not spelled correctly, that's no problem. In fact, if you actually chose the wrong vendor or even the wrong expense account, that would not affect the reconciliation. But the reference number, check number, deposit number, transfer number all must match the same way the money amounts match because that's the bank reconciliation process.
Please confirm that you have the link to the full playlist, so you can watch everything in proper order to benefit best
Mark
Thank you for your question and calling me teacher I appreciate it.
The check numbers are very important because when you reconcile the check number or transaction number of the transfer must be correct in the same way that the money amount must be correct.
If dates are a little off, that's no problem and if vendor names are not spelled correctly, that's no problem. In fact, if you actually chose the wrong vendor or even the wrong expense account, that would not affect the reconciliation. But the reference number, check number, deposit number, transfer number all must match the same way the money amounts match because that's the bank reconciliation process.
Please confirm that you have the link to the full playlist, so you can watch everything in proper order to benefit best
Mark
@@worldwidequickbooks Thank you soo much and yup I have whole playlist and watching in order..❤
Well explain plz share a link 2nd Bank statement
Yes all statement file are available now thank you so much
If you have the Excel file for the first month statement then the same Excel file has all the other bank statements and they are on different sheets
Please confirm you have it and if not I will send you the link
I receive all Bank statement file thank you so much
Sir, give me resources chronologically so that i can practice
Thank you for your question and yes, if you click in the top right corner of this video you will get the full playlist of bank reconciliation. If you do the playlist in proper order you will see it has links to materials that you can use and bank statements that you can use to match and follow step by step.
Mark