The beginning balance should be the same as the beginning balance on the statement.

If it is the same, click ok and start your reconciliation process.

Click on each item that matches with the same item on the statement for both debits and credits.

You may also check the button that says, Hide transactions after statement end date then select Mark All.

The amount at the Difference button should show 0.00.

If it shows a balance, it means that there is a discrepancy, and you will need to go over each transaction to locate the discrepancy.

The difference could be one or more transactions that are entered with the incorrect amount such as 2,900 entered as 2,090, or a transaction entered on the debit side when it should have been on the credit side and vice versa.

You may click the Unmark All button so you can mark them individually as you cross check each item with your statement.

After doing so, your beginning balance will be back on par with your statement again.

Not only will it save you time entering data, but it will help you to avoid entering incorrect transaction amounts as well as making incorrect debit or credit entries.

Quickbooks For Mac Date Is Wrong