Bank Reconciliation in QuickBooks: The Final Critical Step скачать в хорошем качестве

Bank Reconciliation in QuickBooks: The Final Critical Step

Bank reconciliation in QuickBooks is the final critical step in making sure your bookkeeping is accurate. If you're setting up QuickBooks Online for your therapy or psychiatry practice, reconciling your bank account each month ensures your financial records match your real bank activity. Make sure your 2026 books are tax-ready and error-free. Many therapists and psychiatrists finish their QuickBooks setup but forget the most important step: completing their bank reconciliation in QuickBooks. In this video, Laurie from Madison Avenue Bookkeeping shows you how to perform your first bank reconciliation in QuickBooks Online and run a Profit & Loss report so your numbers are accurate and reliable. Monthly bank reconciliation helps therapists and psychiatrists: • Catch bookkeeping errors early • Confirm QuickBooks balances match the bank • Ensure Profit & Loss reports are accurate • Keep mental health practices ready for tax season If you run a therapy practice or psychiatry practice, reconciling your accounts every month is one of the most important habits for clean bookkeeping and reliable financial reports. Download the FREE Mental Health Chart of Accounts CSV here: https://mailchi.mp/85ede312648f/thera... 📞 Need help with your 2026 setup? Schedule a FREE 15-Minute Consultation with Laurie: https://hudson-valley-bookkeeping-inc... ABOUT THIS VIDEO Welcome to Part 5, the final video in my series on setting up QuickBooks Online from scratch! You have set up your accounts, imported your vendors and customers, and processed your bank feeds. Now, you must "true up" the books against the bank. In this tutorial, I walk you through navigating the reconciliation screen, troubleshooting errors (like duplicate entries), and reviewing your financial reports to catch categorization mistakes before your accountant sees them. TIMESTAMPS 0:00 - Intro: Audit-Proof Your Books 0:13 - Reconciling Bank Statements Step-by-Step 3:00 - Troubleshooting Reconciliation Errors 6:43 - Running a Profit & Loss Report for Taxes RESOURCES & LINKS ✅ QuickBooks Private Practice Setup Checklist: https://mailchi.mp/392d3211b452/qboch... 💻 Visit our website: https://madisonavebookkeeping.com 📧 Contact for Coaching: hello@madisonavebookkeeping.com | (914) 294-2316 Content provided by Madison Avenue Bookkeeping, a division of Hudson Valley Bookkeeping specializing in financial services for mental health professionals. _______ Use the link below to send me VIDEO REQUESTS: 🔽 https://us6.list-manage.com/survey?u=... Happy Bookkeeping! Coaching With Laurie ⬇ __ How the Coaching Sessions Work: Sessions have a minimum of one hour and a maximum of two hours. ⏰ Sessions are conducted via Zoom. 💻 The session will be recorded and sent to you for future reference. 📸 __ Scheduling: I always like to speak with a coaching client before we schedule a session, so that I fully understand his/her needs and concerns to make the most out of their QuickBooks Coaching Session. If you are interested, please: Email me at📩 : hello@hvbookkeeping.com Call me at📱 : (914)294-2316 __ Topics Covered But Not Limited To: Guided Setup for your QuickBooks File Chart of accounts specific to a therapy practice. Learning the dos and don’ts of QuickBooks. Picking the correct version of QuickBooks for your needs. Guided QuickBooks Clean Up: 🧹 Fix the Balance sheet. Clean up duplicate accounts. Learn how to post in your own QuickBooks. Learn how to reconcile your bank accounts and credit cards. Tracking: 💲 Creating a chart of accounts appropriate for therapy practices. Create income codes specific to insurance & self pay codes. Learn how to post credit card and bank transactions.- -Learn how to reconcile your bank and credit card statements. Have a great day! Laurie Ellison #MentalHealthPractice #QuickBooksOnline #PrivatePractice