To reconcile your account for the first time in Quicken:
- Select the account you want to reconcile on the left in the Account Bar.
- Enter all of your transactions that occurred since the date of the opening balance transaction.
- From your account register, select the Actionsgear icon at the very top of your register (Ctrl + Shift + N)
- Then choose Reconcile.
- Using your account statement, check the amount in the Opening Balance The first time you reconcile an account, the opening balance is taken from the ending balance of your previous statement.