You just have to delete the transaction that is created when you first connect the bank feed.  It creates an entry in Opening Balance equity acct.  and it reconciles it. That is the transaction you have to remove as it adds unnecessary funds to your acct.

Resolution for 'Balance equity acct issue: 'Hi. The bank balance in QuickBook and according to online banking is massively different due to an opening balance equity. How can I balance these amounts?' available: Yes.

The Balance equity acct 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 Balance equity acct issue yourself by looking for a resolution described in the article. If it is a complex Balance equity acct issue or you are unable to solve the issue, you may contact us by clicking here or by using other Balance equity acct support options.

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