When you are trying to open a new account in QuickBooks Desktop to keep record of all your transactions. Enter the balance in your account. After this, QuickBooks reconciles the bank record from the beginning. That beginning balance is known as opening balance. When you are entering an opening balance, you will come to know about the way to handle the transactions.
You may also contact QuickBooks Support USA on toll free number and you can also be in touch with our experts to get the best solution for your QuickBooks Error or issues you come across in QuickBooks Desktop. Get a complete glimpse on this topic thoroughly.
Follow the guidelines for the type of account you are using for opening balance:
• Either bring out the bank statements or sign in to use website of bank
• In QuickBooks Desktop, in the Company menu and then click on Chart of Accounts
• Double click on Chart of Accounts and then click on New
• Click Bank card or credit card for the type of account.
• Click on Continue
• Specify a name to your account.
• If you are accessing multiple accounts of same type, assign a unique name
• Complete all the necessary fields
• Click on Enter Opening Balance
• Once you are done with above steps, click on Save and Close
Once you are done with it, you may contact QuickBooks Support @ 1-800-731-1629 and drop a mail to support@qbooks247.com. Our experts are active 24*7 to guide you well in a reliable manner. Now, our aim is to make your accounting hassle free. You can contact us anytime sitting anywhere, we will be at your desk to solve query instantly..
You may also contact QuickBooks Support USA on toll free number and you can also be in touch with our experts to get the best solution for your QuickBooks Error or issues you come across in QuickBooks Desktop. Get a complete glimpse on this topic thoroughly.
Follow the guidelines for the type of account you are using for opening balance:
• Either bring out the bank statements or sign in to use website of bank
• In QuickBooks Desktop, in the Company menu and then click on Chart of Accounts
• Double click on Chart of Accounts and then click on New
• Click Bank card or credit card for the type of account.
• Click on Continue
• Specify a name to your account.
• If you are accessing multiple accounts of same type, assign a unique name
• Complete all the necessary fields
• Click on Enter Opening Balance
• Once you are done with above steps, click on Save and Close
Once you are done with it, you may contact QuickBooks Support @ 1-800-731-1629 and drop a mail to support@qbooks247.com. Our experts are active 24*7 to guide you well in a reliable manner. Now, our aim is to make your accounting hassle free. You can contact us anytime sitting anywhere, we will be at your desk to solve query instantly..
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