Reconciling in QBO
Online
2.00 Credits
Member Price $89.00
Non-Member Price $124.00
Overview
Reconciliation is how you confirm that your QuickBooks Online checking accounts, savings account, credit cards, loan balances, and liabilities are correct. If you don’t reconcile correctly every month, your reports will be wrong!
Even if you use the QuickBooks Online banking feed, it’s not a guarantee that your bank balances are correct. And when you have extra or missing transactions, your Profit & Loss and Balance Sheet are wrong!
Reconciliation is the monthly step to confirm your checkbook balance, credit cards, liabilities, and loans have been entered correctly. The problem is that most businesses reconcile the transactions that ARE on the statement, but ignore the ones that are not.
That’s not Reconciling, that’s “reconciling,” and the result is that you may be paying your taxes wrong!
In this class, not only will Alicia show you how to reconcile properly, but she’ll show you how to trick out the interface to finish in seconds instead of hours.
Even better, learn how to identify errors in your accounting data by how they appear in your Reconciliation window. Use reconciling as a troubleshooting tool for duplicated entries, misclassified categories, transactions coded to the wrong funding source, and receipt captures that didn’t match the banking feed.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Objectives
After attending this presentation, you will be able to...
Describe the purpose of account reconciliations
Recall the steps to reconcile your bank accounts and credit cards accurately
Identify methods of troubleshooting stray transactions
Highlights
The major topics that will be covered in this course include:
What accounts should get reconciled?
Why the banking feed still needs reconciliation
The Reconcile interface
Step-by-step reconciling
Tricks to locate errors quickly
How to solve common QBO workflow errors that create extra transactions
...and a slew of time-saving techniques
Designed For
Business owners and employees who maintain their company’s financial records Bookkeepers and Accountants who wish to brush up on their skills
Prerequisites
Have taken at least one QBO Basics course
Preparation
None
Notice
You will receive an email from CPA Crossings via Webex with instructions to access the webinar.
Leader(s):
Leader Bios
Alicia Pollack, Royalwise Solutions, Inc.
Alicia Katz Pollack QuickBooks ProAdvisor • Educator • Speaker • Author
Named one of America’s Top 50 Women in Accounting, Alicia Katz Pollock is one of the nation’s leading experts in QuickBooks Online training.
With a Master’s in Teaching from Tufts University, a QuickBooks® Online Advanced Certification, and over 30 years of tech industry experience, she combines deep expertise with an approachable, down-to-earth teaching style.
Alicia’s Background: Alicia’s passion for technology began early. At just 13 years old, she received her first Apple computer and immediately started designing a database for her father’s dental practice to automatically send appointment reminders, years ahead of its time.
That early curiosity grew into a lifelong mission: helping people harness technology in ways that are smart, practical, and enjoyable.
Alicia’s Teaching Approach: Her approach to teaching is rooted in clarity, patience, and a good sense of humor. Whether she’s leading a live class, speaking on stage, or creating on-demand courses, Alicia has a knack for making complex software feel accessible.
She’s proudly worked with thousands of business owners, bookkeepers, and accountants to simplify their workflows and master their financial tools with confidence.
Non-Member Price $124.00
Member Price $89.00