Reconciled Balance on Bank Reconciliation Report is Not Correct

If the Reconciled Balance on your Bank Reconciliation Report is incorrect, the problem is most likely with Current Balance (shown at the top of the Bank Reconciliation screen).  The Reconciled Balance is calculated by taking the Current Bank Balance and adding ALL outstanding checks and subtracting ALL outstanding deposits.  If you are positive Current Balance is correct, then you have accidentally cleared an item - either in the current month or a previous month.