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ashrafco41
Level 1

how do i adjust the opening balnce?

 
1 Comment 1
Rusimyhr
QuickBooks Team

how do i adjust the opening balnce?

Hi there, @ashrafco41.

 

To adjust an opening balance in QuickBooks Online, you can edit the initial entry directly within the account's register. Here’s how:

 

  1. Navigate to the Gear icon and select Chart of Accounts.
  2. Locate the account you need to fix and select View register.
  3. Search for the very first entry in the list. It will show Opening Balance Equity in the Account column.
  4. Click on the transaction to expand it.
  5. Edit the Date and the Amount as needed.
  6. Select Save

 

Also, please note that if you get a warning about changing a reconciled transaction, confirm Yes only if you are certain the new balance is correct.

 

Refer to this article for additional guidance: Enter and manage opening balances in QuickBooks Online.

 

If you have additional questions, don't hesitate to reach out.

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