QuickBooks Online Bank Reconciliation Second Consecutive Month

In This QuickBooks Online Video lesson, you will be experiencing the second consecutive month doing bank reconciliation in QuickBooks online. The important things to notice are that the ending statement balance of last month will be the beginning statement balance of this month. The other important thing about the next month’s bank rec is that any outstanding checks from last month’s bank rec should show on this month’s statement as cleared. Therefore, you will mark them clear during this second month of bank reconciliation. The same is true for any deposits in transit from last month that cleared this month’s bank reconciliation.
This QuickBooks YouTube Playlist will make you an expert in bank reconciliation in QuickBooks online. It starts with basic bank reconciliation concepts and builds slowly to make you an expert in the bank rec process. It will give you real-life, hand on practice with actual bank reconciliation problems and solutions for anything that could come up when doing any company’s bank reconciliation in QuickBooks online.  Every “on the job” challenge is addressed by demonstrating all bank reconciliation features and how they are used in QuickBooks online. The very last part of this playlist has videos that show how to prove that absolutely any type of company’s financial records and business transactions are correct to the last detail. These accounting concepts and auditing principals will hold true for any accounting software the business would use.


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