Jim Merritt - January 12, 2026

January is the perfect time to hit the reset button on your bookkeeping. Whether 2025 was a banner year or a bookkeeping blur, starting 2026 with clean, accurate books in QuickBooks Online will save you time, reduce stress, and help you make better business decisions all year long.

At QuickTrainer, Inc. – Your QuickBooks & Accounting Experts!, we see the same issues every January: unreconciled accounts, messy bank feeds, miscategorized expenses, and duplicate entries. The good news? Most of these problems are easy to fix with a little guidance.

Here’s your practical guide to cleaning up QuickBooks Online the right way.

1. Reconcile Every Bank and Credit Card Account

Reconciliation is the foundation of clean books.

If your accounts don’t reconcile, nothing else can be trusted.

Action steps:

• Go to Settings ⚙ > Reconcile
• Compare your QuickBooks balance to your actual bank or credit card statement
• Investigate and resolve:
  Missing transactions
  Duplicate entries
  Incorrect amounts
  Transactions in the wrong account

Pro Tip: If you’re several months (or years) behind, don’t panic. This is exactly the kind of cleanup work we help clients with every day.

2. Review and Clean Up Bank Feed Transactions

The Bank Transactions screen is often where clutter builds up.

Look for:

• Old transactions sitting in For Review
• Duplicates that were added manually and through the bank feed
• Expenses posted to the wrong category

Best practice:

• Create bank rules for recurring vendors
• Exclude personal or non-business transactions
• Make sure income and expenses are being categorized correctly

Clean bank feeds = faster bookkeeping all year.

3. Clean Up Your Chart of Accounts

Over time, your Chart of Accounts can turn into a junk drawer.

Look for:

• Duplicate accounts (e.g., “Auto Expense” and “Vehicle Expense”)
• Old accounts you no longer use
• Misclassified accounts (income showing as expenses, etc.)

Why this matters:
A clean Chart of Accounts makes your reports accurate and easy to understand — which is critical for taxes, loans, and planning.

4. Review Uncategorized Income & Expenses

One of the most common issues we see is money sitting in Uncategorized Income or Uncategorized Expense.

These should never stay there.

Go to:

• Reports > Profit and Loss
• Click on Uncategorized Income and Uncategorized Expense
• Reclassify each transaction to the proper account

This one step alone can dramatically improve your financial accuracy.

5. Verify Customer and Vendor Lists

January is a great time to clean up your lists.

Customers:

• Merge duplicates
• Make inactive customers inactive
• Verify contact info and email addresses

Vendors:

• Confirm W-9 info (especially important for 1099s)
• Merge duplicates
• Mark old vendors as inactive

Clean lists = fewer mistakes and smoother workflows.

6. Review Accounts Receivable & Accounts Payable

Old outstanding invoices and bills can throw off your numbers.

Check:

• Open invoices that should have been paid
• Old bills that were already paid or should be written off
• Credits sitting on customer accounts

Cleaning this up improves your cash flow picture instantly.

7. Lock Down 2025 Before Moving Forward

Once 2025 is clean and reconciled:

• Go to Settings ⚙ > Advanced > Close the books
• Set a closing date and password

This prevents accidental changes to last year’s numbers and protects the work you just did.

When to Get Help (and Why It’s Worth It)

If you’re thinking:

“This sounds great… but I don’t even know where to start.”

You’re not alone — and that’s exactly why QuickTrainer exists.

We specialize in:

• QuickBooks Online cleanups
• 1-on-1 training
• Setup & optimization
• Data review & troubleshooting

Whether you’re a DIY business owner or working with a bookkeeper, we can help you get your books clean and keep them that way.

Ready for a Fresh Start in 2026?

Let’s make sure your QuickBooks is working for you — not against you.

📞 Call QuickTrainer at 910-338-0488
📧 Email: [email protected]om
🌐 www.qti-wilmington.com

QuickTrainer, Inc. – Your QuickBooks & Accounting Experts!