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  • 1.  Quickbooks Conversion and Trial Balance Import

    Posted 12-06-2022 03:36 PM
    Hi All,

    Moving a QBO client to QB Desktop. To get the data over we are simply loading the trial balances. We are running into an issue on the cash side. The Cash balance for the last trial balance we loaded is showing as an open Deposit item on the Bank Rec. Any Idea on how to clear out this open item without screwing up the GL cash balance?

    Thanks!

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    Andrew Murphy CMA
    Controller
    San Diego CA
    United States
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  • 2.  RE: Quickbooks Conversion and Trial Balance Import

    Posted 05-01-2023 11:57 AM

    Hi Andrew,

    I would adjust this entry for any "outstanding" or "uncleared" bank transactions both deposits and checks. Then when you go to complete your next bank reconciliation, you can clear the prior cleared transactions in your bank account and begin clearing your current transactions. 

    Thanks! 



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    Kirsten Phenicie
    Director/Manager
    Tecumseh MI
    United States
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    Original Message