1. Account for outstanding bank account transactions.
If you’re having a problem reconciling your latest bank statement, the problem might be with outstanding bank account transactions.
If there was any lag time between the date of your statement and your start date in QuickBooks, make sure that you also entered any checks or deposits that happened in between.
For example, if your QuickBooks start date were 01/01/11, you’d use the ending balance on your December 2010 bank statement as