Learn how to fix beginning balance issues in QuickBooks. When you Begin Reconciliation then select an account to reconcile, the Beginning Balance is zero or in
I'm here to ensure you're able to fix the beginning balance issues on your accounts in QuickBooks Desktop (QBDT),@Soccer2021. Yes, you're correct. You'll need to make a General Journal entry when you're unable to enter the beginning balance on accounts you've already use...
Typically, the reconciliation process begins with the starting balance, which is the amount of money in your account at the beginning of the accounting period. This starting balance should match the ending balance from the previous accounting period, carrying over any transactions ...
Create the opening balance again If it's your first time reconciling the account, you can create the opening balance again. Create a journal entry and then reconcile to fix it. Step 1: Create a journal entry Use the correct date and amount you want to see in the Begin R...