QB Issue Resolution:

You can’t reconcile from a specific starting date, it must be all or nothing at all. You can reconcile a year at a time, i.e., enter beginning balance for 1/1/05 and ending balance for 12/31/05. Have all of the 2005 statements in front of you and reconcile the entire year. One problem with this is that if there is a mistake it is harder to locate.

Resolution for Issue 'First time an old company is going to do a bank reconciliation using QBs. Help!!!' available: Yes (Solved).
Source: Intuit Community forum.

First time an old company is going to do a bank reconciliation using QBs. Help!!!: 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.

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