Manage Your Account

Hello there, @Drex!

You can manually create the opening balance of your new company by entering it directly from your chart of accounts.

1. Go to Accounting.
2. Select Chart of Accounts.
3. Click New.
4. Under Account Type, select Equity.
5. Below the Detail Type menu, select Opening Balance Equity.
6. Enter the name of your new account.
7. Under Balance, enter your opening balance entry.
8. Click Save and close.

In addition, here's an article you can read to learn more about your opening balance entry: Enter opening balances for accounts in QuickBooks Online.

Lastly, I've you these helpful articles for reference about tasks related to your company and accounts: Help Articles for QuickBooks Online.

Fill me in if you have any other questions. I'll be always around ready to lend a helping hand.