I can create Journal Entries and then apply payments to said journal entries, but QuickBooks still does not recognize when switching to cash basis. Really frustrating. 1 Reply MDiaz1 Level 1 August 07, 2023 04:32 PM We need to be...
You can follow the steps by my colleague @JoesemM on how to set up equity accounts in QuickBooks Desktop. Then, create a journal entry or transfer the funds from an equity account to a bank account Here's how: Go to the Company menu and select Make General Journal Entries. Select the ...