Hello @ME-,
You can create a journal entry to clear out the small balances of your debtor's and creditor's accounts. Let me show you how.
- Go to the +New button.
- Under OTHER, select Journal Entry.
- Select the accounts accordingly.
- Enter the amount.
- Click Save and close.
However, I'd still recommend contacting your accountant for guidance in creating your journal entry. If you haven't yet, here's a link you can use to find a bookkeeper near you: Accredited QuickBooks accountants and bookkeepers.
Additionally, I've also included this reference for a compilation of articles you can use while working with us: Know where you stand financially.
If there's anything else that I can help you with, please let me know in the comments below. I'll be here to lend a hand.
