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Debbi-Levy
Level 1

Just starting...I imported my chart of accounts and now want to enter Q1 balances. How do I do this?

How do I enter trial balance amounts manually

1 Comment 1
MorganB
Content Leader

Just starting...I imported my chart of accounts and now want to enter Q1 balances. How do I do this?

Thanks for joining us here in the Community, Debbi-Levy.

 

You've come to the right place for assistance. I'm happy to show you how to manually enter balances in your QuickBooks Online account.

 

This can be done in a few steps. Here's how:

 

1. Go to Settings ⚙ and select Chart of accounts.
2. Select New, then set up your account.
3. In the Opening balance field, add the balance reflecting your bank or credit card account.
Tip: Make sure you know the amount for your opening balance.
4. Select the date you want to start tracking your finances in the As of field.
Note: You can put a description in the Description field to add information about this account. 
5. Select Save.

 

The following article provides additional info about entering and managing opening balances in QuickBooks Online.

 

Please don't hesitate to drop a comment below if you have any other questions. I'll be here to lend a hand.

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