A Full-Fledged Guide on What does C and R mean in QuickBooks Online? Minnesota, USA

Understanding what does C and R mean in QuickBooks Online is important for keeping your financial records accurate. In QuickBooks Online, these letters help you quickly see the status of each transaction during the reconciliation process. The letter C, which stands for Cleared, means the transaction has shown up in your bank feed or matches what the bank has reported. It confirms that the transaction exists in both your QuickBooks file and your bank activity, but it has not been fully reconciled yet. The letter R, which stands for Reconciled, means the transaction has been double-checked and officially matched to your bank or credit card statement during the reconciliation process. Once a transaction is marked with an R, it indicates the re