QuickBooks Team
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Re: Correct transactions that were entered into an Equity account instead of a Bank account

Hello there, @CC4ES.

 

Let's edit the general journal entries to correct the transactions.

 

But before doing so, I recommend contacting your accountant for an expert's advice to ensure there'll be no problem with your books in the future. Anyhow, here's how to open and edit the journal entry:

 

  1. At the top menu, click Banking.
  2. Choose Register.
  3. Select the Equity account.
  4. Look for the journal entry transaction.
  5. Double-click the Balance amount.
  6. Update the necessary information.
  7. Click Save & Close.

I've got you an article for more information: Record a Journal Entry.

 

In case you need tips and related articles in the future, visit our QuickBooks Community help website for reference: QBDT Self-help.

 

That's it! Don't hesitate to let me know if you have other concerns about GJE. I'd be glad to help.