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Eady2021
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My question regards not only changing the numerical value of the opening balance transaction, but the date. Someone synced our bank accounts - and thus, opening balance - September 2nd 2021. However, we would like to start using QBO from the new fiscal year on Nov 1st. To avoid having to go through and reconcile all of the Sept and Oct transactions, we would like to exclude them and just amend the date AND value of the opening balance equity transaction to that of the statement on November 1st. Is it okay to do this as long as the account has never been reconciled before?

 

We found it via chart of accounts > account > history > opening balance equity... we appear to be able to edit both fields (date and amount).

Thank you!

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