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I opened a credit card account and neglected to enter in the opening balance. How can I enter in the Opening Balance for this Credit Card Account?

 
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QuickBooks Team
QuickBooks Team

I opened a credit card account and neglected to enter in the opening balance. How can I enter in the Opening Balance for this Credit Card Account?

Welcome to the QuickBooks Community. I know a way on how to enter the opening balance into your account, QBNewbie1.

 

Once you already created a credit card account, the option to edit it to enter the opening balance is unavailable. However, you can record it by creating a journal entry to keep you track of your business.

 

For the steps and details, just check out this article: What to do if you didn't enter an opening balance in QuickBooks Online (QBO) Then, go to Step 2: Create a journal entry section. 

 

To learn more about entering opening balances, you can refer to Enter opening balances for accounts in QuickBooks Online article.

 

I've got a link here that provides you with articles about managing your bank transactions: Find help with bank feeds and reconciling accounts.

 

Keep me in the loop if you need a hand with reconciling your accounts or any QBO related. I'm always here to help. You have a good one.

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