Lost Account

I can help you add that income and expenses to your QuickBooks Desktop account, @drstrange.

You can enter that income and expense for the year by creating a journal entry. It's the last resort for entering transactions. 

You'll just need to enter debits and credits manually, like in traditional accounting systems. I suggest consulting an accountant for guidance with the best debit and credit accounts to use when recording this one. 

To create a journal entry:

1. Go to the Company menu and select Make General Journal Entries.
2. Provide all the information need and make sure your debits equal your credits when you’re done.
3. Select Save or Save & Close. 

Check this article for more information: Create a journal entry in QuickBooks Desktop for Windows or Mac.

Let us know if you need further help with adding these journal entries. I'm always here to assist. Have a great rest of the day!

Thank you for your advice. I am new to QuickBooks Desktop, and I am certainly not an accountant. I cannot afford to pay someone to fix this for me, so I am trying to do this on my own. The problem I am running into is that I cannot create the account from the closed bank account. Therefore, I cannot enter those transactions into that particular account. 

If I enter them into our new bank account, that will make us off balance by thousands. Not to mention, the number of invoices and receipts i need to enter are more than I care to mention. We are talking 9 months of transactions. This will take me a year or so to enter IF I could. I run a nonprofit as well as counsel those in need all free of charge. So, my workload is almost overwhelming at this point. 

Any advice?  

Entering transactions can be done manually in QuickBooks Desktop, drstrange.

You'll want to enter them directly from your Chart of Accounts. To do this, you can follow these steps:

1. Press CTRL+A.
2. Click the Account that you want to open
3. Scroll down and type in the transaction details on the field
   
4. Click Record.

You'll also want to browse some helpful articles so you'll be guided in case you have questions.

Post a comment below if you need further assistance in entering transactions. Please know we're here to help you anytime.