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Banking
Hello there, @Pip and You,
I can definitely help you out! For this, we can fix your negative balance by editing your opening balance in the Chart of Accounts.
You can follow these simple steps:
- Go to Settings and select Chart of Accounts.
- Locate the account and select View register.
- Find the opening balance entry. Tip: Sort the date column to show the oldest entries first.
- Select the opening balance entry.
- Edit the date, then the amount. If needed, select Edit to make your changes.
- Select Save.
For more information, you can visit: Enter and manage opening balances in QuickBooks Online.
If editing your opening balance still doesn't reflect, you can refer to this article: What to do if you didn't enter an opening balance in QuickBooks Online.
I will also add articles here that you can refer to for future use if you happen to want to reconcile, categorize, and match your banking transactions:
- Learn the reconcile workflow in QuickBooks.
- Fix issues for accounts you've reconciled in the past in QuickBooks Online.
- Categorize and match online bank transactions in QuickBooks Online.
Please don't hesitate to reach us back or simply add a reply under this post if you need more assistance with your banking transactions. Have a great day!