How to create Auto adjustment entry in QuickBooks Online

Authored by: Support.com Tech Pro Team

1. Introduction

How to create Auto adjustment entry in QuickBooks Online

2. Auto adjustment entry

If you force a bank reconciliation QuickBooks Online will enter an adjustment entry to allow the bank reconciliation to reconcile to zero. QuickBooks Online will show the below screen which explains that an Auto adjustment entry will be created.

Amount “forced” is seen in the Auto Adjustment column 

 Reconciliation Discrepancies are found entered as ‘Other Expenses’ in the Profit & Loss Report.

Click on “Reconciliation Discrepancies – 1,434.00” to view the Transaction Report from the Profit and Loss report and make any necessary changes or return to the Reconciliation screen to Undo the incorrect reconciliation.

If a Bank Reconciliation was completed incorrectly or an error is found after the reconciliation, and invited ProAdvisor can choose to “Undo” one or more reconciled statements. Talk to your ProAdvisor or see the section on To find an expert in QuickBooks Online to get help with this.