QB Issue Resolution:
Hi tadasv! Thanks for giving a detailed information. The reason why the Cleared Balance shows a negative amount is because the money out (Checks & Payments) is more than the money in (Deposits & Other Credits).
If you wish to have an Ending Balance of 150,000, the total amount of your deposit 150,000 more than your the total amount of your money out transactions.
The formula for Cleared Balance is Deposits and Other Credits – Checks and Payments.
Hope this helps.
Resolution for Issue 'Bank reconciliation – cleared balance is the opposite' available: Yes (Solved).
Source: Intuit Community forum.
Bank reconciliation – cleared balance is the opposite: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.Support for opening balance
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Error Recovery for opening balance [Canada]
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