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While setting up our account, I think I made a mistake in putting our small business credit card information in. It asked me for the balance, and I had a brain freeze and typed in the spending limit rather than the balance. How do I correct that?
Hello @JonesAdventureRentals,
You can edit the amount of your opening balance entry to correct the balance of your credit card account.
I've got you this helpful article in case you need some ideas about how you can reconcile your credit card account: How do I?
Please touch base with me here for all of your QuickBooks needs, I'm always happy to help. Thanks for dropping by.
Hello I have for Mac 2016 and can do 1, 2, and 3 of your list but stuck on #4. Do not see it. Can you assist? No idea why the beginning balance changed because I did not alter anything to make that happen. Thanks.
Thanks for joining in on the thread, tombunchy.
You're already on the right track. You should be on the account register by following Steps 1-3. For Step 4, the transaction we're looking for is likely bank deposit or a journal entry with an affected account of Opening Bal Equity.
Another way to find the bank deposit or journal entry is by following these steps:
You can browse this article on how to fix the beginning balance of an account: Fix beginning balance issues in QuickBooks Desktop.
Let us know how this goes so we can continue assisting you with it. Have a great day!
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