Journal opening balances

I'm here to help you enter an opening balance for the bank, Frances15NBS.

You need to set up a GBP bank account so you can enter the journal for the opening balance. Let me show you how:

1. Go to Settings ⚙, then select Chart of Accounts.
2. Click New to create a new account.
3. On the Account Type ▼ drop-down, choose an account type.
4. On the Detail Type ▼ drop-down, select the detail type that best fits the transactions you want to track. 
5. Give your new account a name. 
6. Add a description.
7. Make sure the account in QuickBooks matches your real-life bank or credit card account.
8. When you're done, click Save and Close.
9.  

Once done, create a journal entry for the opening balance.

Learn more about currencies through this link: About Multicurrency.

Let me know if you need anything else with QuickBooks. I'll be right here to help you.