How Can I Remove Checks From Quickbooks List That Haven’t Been Reconciled Without Screwing Up My Reports?
For the first 2 years I had Quickbooks I didn’t reconcile my checkbook or credit cards in the program, now when I do those reconcilations all of those checks, deposits, and credit transactions show up. Ist there a way to hide them without screwing up my records?
Bite the bullet and just do one massive reconciliation of the old checks.
You may have to put in an adjusting entry to match the current balance of your checking account. If possible, make that adjusting amount appear in your previous tax year, so it doesn’t mess up your current year’s tax records.
As for the credit card accounts, create a transaction that zeros out the account or brings it to a balance that matches a statement balance from the beginning of the year. Again, try to record these adjusting entries in your previous tax year, so it doesn’t muck up the current tax year information.
Then make yourself a promise that you will reconcile your accounts from now on!