@qbteachmt your saying a Opening Balance Equity isn't needed. What account can be used as instead of it? For example for Long Term Liability you can only enter a journal entry or a transfer. For a journal entry it has to have a credit and a debit to put it into the register. I used the credit as the liability account and debit as open balance equity. Also about the credit card balance its a negative so the Open Balance Equity will always have a negative balance because of the credit card opening balance. How can that be fixed?
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