I've have automatic download of my bank's transaction for many years. Unfortunately, for unknown reasons, the online balance and the ending balance of the bank account in quicken don't match with each other. Before I launch the laborious process of figuring out what transactions are missing or wrong, but I'd like to begin by finding out whether there is an easier way.
I'm thinking of taking out my paper statement for each month, and manually enter them in the memo area of blank transaction with the correct date. This way, I can compare the bank's balance with the registry balance. Still, it's a lot of work, because the discrepancy of the 2 balance has been there fore a long time.
I'm not familiar with the reconciliation feature of quicken. Can it help me figure out where the mismatch occurred?
I'm using quicken home and business 2005.