When receiving the bank statement, you need to make sure that it matches the bank transactions. However, most users find it difficult to match the difference or reconcile the transactions. This happens when your account prompts that there are deleted reconciled transaction in QuickBooks Online. To fix QuickBooks Online deleted reconciled transaction, read this guide till the end.
The guide demonstrates what causes reconciliation discrepancies and how to restore accidentally deleted reconciled transaction in QuickBooks Online.
When you go to reconcile the account, it may show incorrect information which results in reconciliation discrepancies. The primary reason is that the transactions marked as reconciled are deleted now. Whether you delete the reconciled transactions accidentally or intentionally, it can cause reconciliation discrepancies.
The following reasons can also cause reconciliation discrepancies.
These could be the reasons that prevent you from reconciliation. However, by fixing or restoring the deleted transactions, you can solve the problem.
If you mistakenly delete reconciled transaction in QuickBooks Online then you can re-create it manually. There are two ways to fix the deleted reconciled transaction. You can either go to the Audit Log or run the Reconciliation Reports. By doing so, you can view the old transaction or deleted transaction and use the details to create transactions manually. However, you need to ensure that you add R to mark the created transaction as a reconciled transaction.
Let’s have a look at both the procedure:
To restore the transaction, you have to find out the details from the deleted transactions. This can be checked from the Audit Log menu. The procedure is pretty easy. Have a look at the following instructions:
In case you have no idea how to change the status of transactions in the register then you can perform the following steps:
When you see R next to the transactions, it indicates the transaction is reconciled now. This is how you can fix the deleted reconciled transactions in QuickBooks Online.
By running the reconciliation reports, you can open the account for a reconciliation report, choose a date for the Report Period and view a report. Thereafter, you can add the transaction manually and mark them as reconciled.
To know how to fix deleted reconciled transaction in QuickBooks Online, you can follow these steps:
Once you add to see the details in reconciled reports, you can add the transactions manually. This should ensure that you mark the transaction as reconciled. To do so, you can do the following:
As you save these details, you will see the deleted transactions back to the record. Now, you have learned the procedure QuickBooks deleted reconciled transactions.
In QuickBooks, it is normal if you delete any data mistakenly or intentionally. In most cases, the deleted data can be restored from the Audit Log. If you have deleted the transaction that has a reconciliation status, you can restore it either from the Audit Log or by running the Reconciliation Report. By doing so, you can view the old transactions for a specific time period. Then, you can enter the old transactions for a specific time period. Then you can enter the transactions manually.
If you want to know how to reconcile credit card in QuickBooks, you can read this guide to know every detail.