Can you take-on 12 prior financial period TBs?

Nice to have you here in the Community space, sho-ayb.lambat@r.

Let me share some information about running a Trail Balance report in your QuickBooks Online (QBO) account. This report summarizes the debit and credit balance of each account on your chart of accounts. 

It shows older transaction period for each account that has a beginning balance. Thus, the option to customize the report to take on 12 prior financial reports isn’t possible. As a workaround, you can run the Transaction Detail by Account report.

This report shows you the total of each account in your chart of accounts. Customize the date of the report to show the data you need. Let me show you how in your QBO account:

1. Go to the Reports menu.
2. Type in Transaction Detail by Account in the search field.
3. Adjust the date appropriately. 
4. Once done, click Run report. 

For more details about customizing reports in your QBO account, check out this article that guides you through the process: Customize reports in QuickBooks Online.

Additionally, if you need to print and export your reports, you can read this article that provides complete steps on how to do it in your QBO account: Run reports in QuickBooks Online.

Tag me in if you have other follow-up questions in running reports in QBO. I’m always here to back you up. Keep safe and stay healthy.

@JasroV  Thank you for the information.

I have one more question, if you don't mind.

In the course of trying to process take-on journals, I found that I could not date the journals for older periods (For example August 2019) is there any way around that?

Hi sho-ayb.lambat@r!

I'll continue to help you since Jasro is already away.

From what I'm getting, you're unable to back-date journal entries.

This is actually allowed in QBO. If you've already closed your books, you can still do this after reviewing the warning and entering your nominated password.

Could you add more details about why you can't do this? A screenshot would also help. Thanks in advance.