Under the small gear, you’ll find options to configure the bank feed settings. Make a Payment on the Credit Card Balance (Optional) This step is not compulsory to do but if you want to create a bill or make a payment towards the credit card balance, you can do it after QuickBooks gives you a message that the reconciliation is completed.Įstimated Reading Time: 4 mins 1. When all the transactions in QuickBooks match the transactions on your statement, the Difference (C) between the ending balance and the cleared balance should be zero.ĥ. After you are done with the second step, QuickBooks will display a screen with a summary of file reconciliation in the top half and more detailed information of the transactions will be shown in the bottom half.Ĥ. We will use the short credit card statement below to illustrate the process of how to reconcile credit cards in QuickBooks in general.ģ. Choose the Account and Input Your Statement Information. To do that, you hover your cursor over Accounting in the left menu bar and then choose ReconcileĢ. The first step to do is opening the QuickBooks Credit Credit Reconciliation Screen. Navigate to the QuickBooks credit card reconciliation screen. How To Reconcile Credit Cards In QuickBooks In 5 …ĩ hours ago 1.
