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I am taking over some bad bookkeeping. There are accounts in the GL, with balances, for assets we no longer own. How do I remove these balances from 2017 & 2018? HELP!!
Thank you for posting here in Community, @wenhap.
To change the balance of the account you can create a journal entry. Journal entry can be used in making an adjustment on the account and it will be posted to your GL.
To create a journal entry, here's how:
Let me share Video tutorial about journal entry: Create a journal entry in QuickBooks Online.
For your future help, feel free to read these articles:
Reverse or delete a journal entry.
Mixing currencies in journal entries.
Don't hesitate to post if you have additional questions. I'm here to answer them.
Thank you. I'll try it.