Within the next few weeks, what has currently been available as only an option in QuickBooks Labs (Gear icon, under Your Company), the QuickBooks reconciliation will become live.
|Reconcile - Opening Screen|
The look and layout of all the screens will be totally different.
|All transactions can be shown in list format on one page.|
Any changes to transactions already reconciled will trigger a warning the next time an account is reconciled.
The Reconciliation Discrepancy report makes it easy to find out what has changed.
|Reconciliation Discrepancy Report|
I especially like the new Find filter option inside the reconciliation screen.
|Find Transaction in Reconciliation|
And the bigger warnings about reconciling when the difference isn't zero.
|Reconciliation Warning about Non-Zero Difference|
I am so familiar with the current reconcile mode that I have never warmed up to the newer way in QuickBooks Labs. But I think this will be a great improvement for users that may be new to QuickBooks Online or just have a hard time grasping the concept. I will certainly switch to it now so that I can be ready for my clients when they need help.