Major Errors in Account Balances
have kept it up to date with the latest updates. As I do frequently throughout the month I reconcile
my accounts to insure all transactions match what my online BofA account
indicate and particularly the balance in each account. This month I see a major discrepancy in the
balance of my primary Q checking account relative to what the bank shows. All of the transactions match exactly but
the balance shown is wrong. In
reviewing the last 6 months I see that the balance is off by the same amount even
though it was correct in previous months at the time I went thru the reconcile process. I
then went back to my earliest available online BofA data (12/7/2016 ) and the
same major error is now showing up in the balance column of my Q data.
I cannot say this is definitely a Q2018 problem but it is by far the largest balance
correction I have ever had to make and the only one that affected previously
Reconciled periods. Since 2009 I have
had to adjust the balance 8 other times for amounts typically less than $50
that I finally gave up chasing and where the running balances were correct as
of the last Reconcile action.
What could be causing this to happen?