Undo Bank Reconciliation in QuickBooks Online: Complete Guide

 QuickBooks has become one of the most widely used accounting programs due to its new features and functionalities, which simplify and automate all accounting procedures. One of QuickBooks' unique features for avoiding pointless reconciliations is the ability to delete or redo a reconciliation.


With just a few clicks, QuickBooks customers can reconcile accounts, saving them a significant amount of time compared to doing it manually. However, it is necessary to un-reconcile and eliminate a particular transaction from a completed reconciliation if the balance sheet in QuickBooks does not match the bank statement. This usually happens when a transaction is added to the Reconciliation by default.


This article discusses all the possible steps to remove or reverse a QuickBooks reconciliation.


Read the section through to the conclusion to understand the processes involved. Additionally, you can contact TFN's (855)-955-1942 IT staff and ask for assistance with the undo or deletion process.


QuickBooks Online


Reasons Why QuickBooks Reconciliation May Need to Be Undone

In some situations, reverse the QuickBooks reconciliation and start over. For example,


  • You should perform a new reconciliation to address any differences that may exist between the transaction entries and the bank statements

  • It's possible that the date was entered improperly or that the payment record was erroneous

  • Numerous concealed banking errors could exist

  • You want to look for any unethical behavior or fraud on the part of the accountant, bookkeeper, or staff

  • Inaccurate adjustment entries were produced to cause the reconciliation to be closed



Step-by-Step to Undo Bank Reconciliation in QuickBooks Online

Here, we'll show you how to reverse a reconciliation in QuickBooks Online, including the accountant version, or QBOA.


Step 1: Procedure for Reconciliation Accountant (QBOA) Undo

Allow us to demonstrate how to reverse a QuickBooks Online accountant reconciliation. As a result, carefully read the instructions and follow them in the correct order.

  • To make changes to a company file, open QuickBooks Online Accountant and log in.

  • Go to the Accounting menu now

  • After selecting the Reconcile tab, select History by Account

  • Now, use the drop-down box to select the account you want to reconcile, followed by the desired date range

  • Locate the reconciliation in the list, then select View report. The Reconciliation Report will be retrieved as a result


Step 2: How to Reverse a Reconciliation in the Standard Version of QuickBooks Online

Every transaction in a QuickBooks Online edition, other than QBO Accountant, must be manually unreconciled. Let us demonstrate.


  • After logging in to the QBO company, tap the Gear or Settings icon that appears at the top

  • Select the account for which you want to reverse the reconciliation, then the Chart of Accounts

  • To unreconcile the transactions, choose them by tapping on View Register.

  • Until the R status is displayed as blank or cleared (C), tap on it several times.

  • Select Save and then Yes for confirmation

  • The account's transactions can now be reconciled once more. Another option is to ask your accountant to reverse the entire Choose to Save and then select Yes as confirmation

  • Now, you can reconcile the account's transactions again. Alternatively, you can invite your accountant to undo the whole reconciliation in a short time


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Step 3: The Best Way to Ask Your Accountant to Reverse the Reconciliation

Reversing every transaction manually can be time-consuming. You can invite your accountant to undo the reconciliation for you using QuickBooks Online. To do this, your accountant has to have a QBO accountant subscription.


  • Select Manage Users by tapping the Gear or Settings icon in the upper right corner

  • After selecting the Accounting Firms option, press the Invite button

  • Enter the accountant's information and choose Save

  • Your accountant can now reverse the entire reconciliation

  • You can begin reconciling the books after your accountant has reconciled them



Summing Up

All of this involved undoing a reconciliation in both QuickBooks Desktop and QuickBooks Online. This should help you resolve any reconciliation issues you're having. However, if you encounter problems or need help, consult an expert. To talk to an accounting professional, dial TFN (855)-955-1942 !

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