How to Fix Beginning Balance Errors in QuickBooks Online - Deleted Transactions

In this video, I'll show you how to handle beginning balance errors in QuickBooks Online when you've accidentally deleted a transaction. If you've ever faced the "scary red box" during reconciliation, this video is for you!
Here's what we'll cover:
✅ How to identify the issue causing the beginning balance error
✅ Using the audit log to find the details of the deleted transaction
✅ Recreating the deleted transaction accurately
✅ Reconciling the account to fix the error and remove the red box warning
✅ The importance of avoiding manual reconciliations in the register
By following these steps, you'll be able to resolve reconciliation issues and maintain accurate financial records in QuickBooks Online. Watch now to learn how to keep your QuickBooks records error-free and stress-free.
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Timestamps
00:00 - Intro
00:37 - Example
01:02 - Reconcile warning
01:13 - Reconciliation Discrepancy Report
01:35 - Audit log
03:05 - Recreating the deleted transaction
04:54 - Fix the beginning balance error
06:55 - Undo reconciliations
08:00 - Outro
#quickbooksonline #bookkeepingtips #reconciling
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