If you are attempting to reconcile an account for the first time, and the beginning balance is incorrect, you should not be concerned. The vast majority of problems with beginning balances are brought on by an incorrect opening balance. This is the beginning balance that you decided to put into the account when you first set it up in QuickBooks. If you fix the opening balance, it should also fix the beginning balance problems you're having in most of the cases. In this blog post, we will be discussing the various methods to fix beginning balance issue in QuickBooks.