When you reconcile your credit card in QuickBooks Online you are comparing the entries in QuickBooks to the statement you receive from your bank.
It is very important to reconcile your credit card on a regular basis. When you reconcile to the credit card statement you can ensure that you have recorded all of the transactions on the statement, and recorded them only once! I'll walk you through the steps in this video.
If you would like other assistance managing your business I have a month end checklist, and other helpful downloads here: https://www.mycloudbookkeeping.org/courses. Scroll down for the free content!
If you would like to get setup to manage your business finances on QuickBooks Online reach out! I can help get you set up right the first time: https://learn.mycloudbookkeeping.org/quickbooks-setup
Compare QuickBooks Online plans here: https://www.mycloudbookkeeping.org/quickbooks-plan-comparison
Small Business Month-End Checklist: https://learn.mycloudbookkeeping.org/small-business-month-end-checklist
Check out my Finding and Fixing Duplicated Transactions Course here: https://learn.mycloudbookkeeping.org/finding-fixing-duplicated-transactions-quickbooks-online
Corresponding Video - How to Match Bank Deposit Transactions in QuickBooks Online: https://www.youtube.com/watch?v=tFwAz8nvp2E
Blog: https://www.mycloudbookkeeping.org/post/reconciling-your-credit-card-in-quickbooks-online-
If you have questions or comments, please use the comments box below. I would love to hear from you :)
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