When you create a balance sheet and it doesn’t match with your bank statement after a monthly reconciliation, then it is necessary to unreconcile your QuickBooks transactions before correcting any mistakes. In the desktop versions of QB, you can undo a previous reconciliation all in one go.
Winning hearts since 1983, QuickBooks is a prominent and widely used financial management software across the globe and still ruling over the accounting world. QuickBooks provides users a computerised maintenance and documentation system to efficiently run their daily monetary tasks such as accounting inventories, payroll, tax filing, invoicing, budgeting, quick payment, and account tracking and reconciliation.