IntuitRealice
Level 2

Manage Customers and Income

Hello jcandrews20,

I know an easy way to change the opening balance on your bank account in QuickBooks Online. You can create a journal entry to enter the negative amount.

Here's how:

  1. Go to the Plus (+) icon.
  2. From the first line choose the bank account and enter the amount on you Credit side.
  3. In the second line choose Opening balance equity and enter the amount on your Debit side.
  4. Click Save and Close.
For more information, you can check this article: Create a Journal Entry in QuickBooks Online.

Feel free to stay in touch with me by adding a comment below.

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