Quicken & Other Budget/Accounting Software/Reconcile


How do i reconcile Accrual accounts in Quickbook?

For example :
Accrual account Credit $6,000
Audit Fee Debit $6,000

Hi Farida

Banking menu >  reconcile > select the accrual liability account,
Enter the ending date,  Enter Zero for an ending balance and click continue
Then you can clear the amounts in the accrual account that net to zero.

Linda Saltz, CPA
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Linda Saltz, CPA, QBalance.com


QuickBooks best practices, troubleshooting, accounting, tax We have over 70 pages of website content about QuickBooks tips, running a business, tax and business startup at http://www.qbalance.com


Accountant and CPA over 20 years. Specializing in accounting software for over 12 years, Certified QuickBooks Pro Advisor, QuickBooks seminar instructor since 1997.
Producer of www.QBalance.com over 100 pages devoted to QuickBooks help and support and training for small business owners in tax and accounting issues.

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