I came into a QuickBooks mess with the company I currently work for, as previous bookkeepers and accountants made several errors. Even though we are aware that the accountant also contributed to the errors, I still hesitate to correct anything she's done. I'm trying to fix a liability account. The accountant made journal entries in this liability account to adjust the balance but left no memos, so I don't know what the journal entries are for because neither of them correct the errors in the account. I found all the original errors and figured out how to bring the account current, except for those 2 journal entries she added. Because the account goes back as far as 2018 and some of the errors date back just as far, crossing accounting periods, I'm hesitant. Would I be able to create a journal entry simply to cancel out the previous journal entries, in order to create a new journal entry that actually corrects this account and brings it current?
