The Reconciliation Report Beginning balance is wrong. The ending balance is correct on the previous report, but it doesn't agree with the next report.

How do I correct the Reconciliation Report Beginning balance?

Reconciliation Report Beginning balance does not match Ending balance on previous report.


This issue occurs when the Bank Account Starting Balance for the Fiscal Year is incorrect. There are 2 steps to correcting the Bank Account Starting Balance:

  1. Determine if there are Unreconciled transactions 2 Fiscal Years ago. (ie. if the current Fiscal year is 22/23, then look at the 20/21 Fiscal Year)
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  2. Set the current Fiscal Year Bank Account Starting Balance=Previous Year Ending Balance.
    Click Here for Instructions