Which three conditions could lead to an inaccurate beginning balance of a bank or credit card reconciliation?

The beginning balance of a bank or credit card reconciliation is crucial for accurate financial reporting and matching transactions. Any changes to previously reconciled transactions can disrupt this balance.

When a reconciled transaction’s payee is changed, it can result in confusion about the categorization of the transaction, potentially impacting how the transaction is matched against bank statements.

If a reconciled transaction is deleted, this directly removes it from the reconciliation process, affecting the accuracy of the beginning balance. The transaction counts toward the balance, and its absence creates a discrepancy.

Changing the amount of a reconciled transaction can also alter the financial records, leading to inconsistencies in the balance being reconciled. This is especially critical as it may not only affect the reconciliation for that period but also cause ripple effects for future reconciliations.

Therefore, all these conditions can indeed lead to an inaccurate beginning balance by directly altering the integrity of the reconciliation process.