The bank feed in QuickBooks Online was disrupted due to a cancelled card, reconciliation history was lost, and now the trial balance doesn't match the bank statement by $3,219.55, with no efficient way to trace the discrepancy.

Workarounds Described

• Manually comparing PDF bank rec to trial balance
• Running countless reports and scouring for differences over two days
• Undoing and redoing reconciliations for the entire year

Implied Software Gaps

• An automated tool to compare trial balance and bank statement and identify specific transactions causing the difference
• A feature to recover or rebuild reconciliation history from PDFs or previous reconciliation data
• A discrepancy tracing engine that can analyze uncleared items and historical adjustments

RecoveryRecon Pro

A reconciliation recovery tool that automatically compares trial balance, bank statements, and uncleared items to pinpoint discrepancies. It uses historical data and machine learning to suggest adjustments, saving bookkeepers hours of manual work.

Existing Solutions Mentioned