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cargoadmn
Level 1
posted
‎June 26, 2020 03:28 AM
last updated ‎June 26, 2020 3:28 AM

Product shown as deleted in the invoice as a result inventory not deducted. So we remove the delete in the invoice as a result the opening balance is now wrong

 
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1 Comment 1
FritzF
Moderator
Moderator
‎June 26, 2020 05:35 AM

Product shown as deleted in the invoice as a result inventory not deducted. So we remove the delete in the invoice as a result the opening balance is now wrong

Welcome and thanks for visiting the Community, @cargoadmn.

 

You can edit the opening balance to correct it. This can be done by going through the Account history in the Chart of Accounts (COA). Here's how:

 

  1. In QuickBooks Online (QBO), go to the Gear icon at the top right to get to the Chart of Accounts.
  2. Find the account, then tick Account history under Action column.
  3. Locate the opening balance entry and select it.
  4. Change the amount to the correct one, then hit Save to complete.

 

To learn more about the process, please refer to this article: Edit an incorrect opening balance.

 

Please know that I'm only a post away if you have any other concerns or questions. I'll be more than happy to answer them. Have an amazing rest of the day!

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