video1.0<iframe src="https://www.loom.com/embed/a0babbde24e04a3fb04331e5a5a1aea1" frameborder="0" width="1826" height="1369" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>13691826Loomhttps://www.loom.com13691826https://cdn.loom.com/sessions/thumbnails/a0babbde24e04a3fb04331e5a5a1aea1-a17978b6d02aaa8f.gif419.221This Loom explains five ways to check your QuickBooks books for accuracy and that numbers are up to date. First, confirm all bank transactions have been accepted by going to Accounting and Bank Transactions, since unaccepted items can skew financials. Next, verify accounts are reconciled by checking the Reconcile tab and ensuring reconciliation is up to date with your latest bank statement, since reconciliation compares the bank statement to QuickBooks. Then, review for unreconciled transactions using the chart of accounts and the account register filtered from the last reconciliation date, investigate any that appear after the statement cutoff (for example, past 5 31 if reconciled through May 31). Finally, check reports for negative balances and whether account and profit and loss totals make sense, noting exceptions like discounts on profit and loss and negative accumulated depreciation or equity on the balance sheet.