cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
lotsofquestions
Level 1

I need to change the beginning balance in the reconciliation portal. it is showing it as a negative number and I have no idea why. Everything is fine in my chart of accou

I don't know why the beginning balance would show that large of a number discrepancy when it is fine in the Chart of Accounts
1 Comment 1
Amanda-B
QuickBooks Team

I need to change the beginning balance in the reconciliation portal. it is showing it as a negative number and I have no idea why. Everything is fine in my chart of accou

Hello, lotsofquestions.

 

Thanks for turning to the Community for support. I'd be happy to help.

 

QuickBooks Online provides the option to enter and manage opening balances. This guide will provided information as well as steps by step instructions on how to proceed. However, to ensure accuracy in your books, I recommend reaching out to an accounting professional for expert advice. They'll be able to guide you in the right direction so that your accounts can end up with the right balance. You can add your accountant to your books by following the steps here. You can also find an accountant that has experience using QuickBooks near you by clicking on this link

 

Feel free to reach back out here if you have any other questions. 

Need to get in touch?

Contact us