cancel
Showing results for 
Search instead for 
Did you mean: 
res@finisroadrvp
Level 3

If my opening balance is wrong after connecting for the first time, how can I fix it? QB open balance is actually my ending balance in my ck acct

I opened my ck acct Oct 13 with 20,000. I opened my new QB acct Nov 22 and connected my ck acct on the same day which the process brought all my transactions in. My opening balance in the QB register says Nov 22, and the beginning amount is not correct. It's actually displaying my ending balance. My starting balance should be zero with an initial deposit of 20,000 Oct 13 correct? How can I change this QB opening balance to match my bank opening balance?
Solved
Best answer November 26, 2021

Best Answers
JonpriL
Moderator

If my opening balance is wrong after connecting for the first time, how can I fix it? QB open balance is actually my ending balance in my ck acct

Let me help share how you're able to change a bank account opening balance, res@finisroadrvp.

 

In QuickBooks Online, changing the amount of the opening for your bank account can be done directly from the account register. I'll show you how.

 

  1. Go to Banking.
  2. Choose Transactions.
  3. Find the bank account in question.
  4. Select Go to bank register.
  5. On the list of transactions, select the entry saying Opening Balance Equity.
  6. Enter and change the amount of your transaction accordingly.
  7. Click Save.

 

Here's an article you can read to learn more about how you can review your transactions in your register: Find, review, and edit transactions in account registers.

 

I've also included our Banking articles in case you need some ideas about how you can manage your bank account and transactions.

 

Should you need any additional assistance while managing your online banking transactions, res@finisroadrvp, please let me know and leave a comment below. I'll be sure to get back to you.

View solution in original post

3 Comments 3
JonpriL
Moderator

If my opening balance is wrong after connecting for the first time, how can I fix it? QB open balance is actually my ending balance in my ck acct

Let me help share how you're able to change a bank account opening balance, res@finisroadrvp.

 

In QuickBooks Online, changing the amount of the opening for your bank account can be done directly from the account register. I'll show you how.

 

  1. Go to Banking.
  2. Choose Transactions.
  3. Find the bank account in question.
  4. Select Go to bank register.
  5. On the list of transactions, select the entry saying Opening Balance Equity.
  6. Enter and change the amount of your transaction accordingly.
  7. Click Save.

 

Here's an article you can read to learn more about how you can review your transactions in your register: Find, review, and edit transactions in account registers.

 

I've also included our Banking articles in case you need some ideas about how you can manage your bank account and transactions.

 

Should you need any additional assistance while managing your online banking transactions, res@finisroadrvp, please let me know and leave a comment below. I'll be sure to get back to you.

res@finisroadrvp
Level 3

If my opening balance is wrong after connecting for the first time, how can I fix it? QB open balance is actually my ending balance in my ck acct

Thank you

res@finisroadrvp
Level 3

If my opening balance is wrong after connecting for the first time, how can I fix it? QB open balance is actually my ending balance in my ck acct

Thank you Jonpril for your help.

Need to get in touch?

Contact us