Select Opening Balance Equity in the Account column on the second line. Enter a note in the Description field so you know what the journal entry is for. Click Save. Once done, make sure to manually reconcile the transaction in the bank register. This w...
Category details refers to the accounts listed in your chart of accounts. It allows you to select an equity, expense, asset, and more to post the charge directly to that account. Examples are recording for advertising and marketing fees, bad debt, contract labor, and more. ...
As such, the Bank account was imported with the chart of accounts with the Opening Balance Equity of $928.05 which is correct. i could not connect my bank at the time as my bank is not listed with Intuit QB Online. This is now where my quote above ...
Select Opening Balance Equity in the Account column on the second line. Enter a note in the Description field so you know what the journal entry is for. Click Save. Once done, make sure to manually reconcile the transaction in the bank register. This way, ...
As such, the Bank account was imported with the chart of accounts with the Opening Balance Equity of $928.05 which is correct. i could not connect my bank at the time as my bank is not listed with Intuit QB Online. This is now where my quote above ...