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denise-jerseymov
Level 1

Help I edited something in a 2020 bank account which now caused the opening balance for 2019 to be off!! How do I fix it?

the account started march 2019 but the the opening balance is showing -1000 and it should be 0
1 Comment 1
JonpriL
Moderator

Help I edited something in a 2020 bank account which now caused the opening balance for 2019 to be off!! How do I fix it?

I'm here to help share how you can fix the opening balance of your bank account, @denise-jerseymov.

 

In QuickBooks Online, you can pull up a discrepancy report showing the changes made into the account already reconciled in the past. Let's work together to fix the opening balance of your bank account.

 

If you're starting to reconcile your bank account for the year 2020, the We can help you fix it hyperlink will determine the steps you need to take before proceeding to your reconciliation.

 

If not, follow the steps outlined below and manually pull up your reconciliation discrepancy or account history report:

 

  1. Go to Accounting.
  2. Select Reconcile.
  3. Click History by account.
  4. Under Account, select the bank account in question.
  5. Choose 2019 to view your report.

 

From here, use the instruction on the Steps 4 section in this article to determine the fix based on the discrepancy shown on your report: Fix Issues for Accounts you've Reconciled in the Past in QuickBooks Online.

 

You may also read this reference that'll guide you anytime you need help while doing or fixing a reconciliation: The Reconcile Workflow in QuickBooks.

 

If you've got questions other than how to fix the opening balance of your bank account, please let me know in the comments. Use the Reply button below so that I can continue assisting you. 

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