How to undo reconciliation in QuickBooks online?

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Many times there occur several scenarios in which reversing reconciliation becomes a necessary task. For instance when the QB balance sheet failed to match the bank statement or payments were recorded incorrectly, the wrong date, a transaction was not properly checked off or entered incorrect bank statement, etc. Fortunately, there is a simple method available to undo reconciliation in QuickBooks online. You can even un-reconciled transactions specifically. The below article is rounded up with the guide to reverse reconciliation in QuickBooks online.

How to undo/Delete reconciliation in QuickBooks online?

Walkthrough the below instructions to undo or delete account reconciliation:

  • Firstly open the QuickBooks online
  • Locate the Gear icon and hit on the option
  • Next below the company column choose the Chart of Accounts tab
  • Find a suitable account for the transaction
  • Hit View Register in the Action column
  • Search for the desired transaction you need to edit
  • In case you view column name named Reconcile status
  • On the transaction front you need to give a click repeatedly to modify its status:
  • If you view C it states Cleared
  • If you see R it determines Reconciled
  • In case you view Bank that means not cleared/not reconciled
  • Now you need to stop on the status bank. It determines you need undo reconciliation
  • Hit Save option
  • You need to do the same procedure for all the transactions that you need to undo reconciliation
  • At last close the register

How to undo reconciliation in QuickBooks Online Accountant?

  • Open the QuickBooks Accountant
  • Locate Gear tab
  • It will display a drop-down option
  • Click column Tools
  • Below the Tools tab, you will view the button named Reconcile and give a click on it
  • It will open up a page named Reconcile an account
  • Give a click on the button labeled History by account
  • It might take some minutes to the History by account page
  • Hit Account and select report period
  • This button helps you to find the reconciliation to undo
  • Below the Action column, give a hit on the button named Undo
  • Press yes option
  • It will display a confirmation window
  • Hit Undo button
  • Choose Ok tab

Here the article named “undo reconciliation in QuickBooks online” completes! Hopefully, the information is beneficial for you to tackle bank error, stop fraud cases, risk and fluctuation analysis. 

Source: https://politichatter.com/read-blog/24317

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