Thanks for posting, @ontime-solutions.
I'll share the steps on how you can add a balance to your Profit and Loss accounts. You can create a journal entry to do it. Let me guide you how.
- Go to +New.
- Under Other, select Journal entry.
- Choose the correct Account you'll want to Debit and Credit for the balance.
- Click Save and close.
With the above steps, you're able to correct your ongoing Profit and Loss balance. Learn more about journal entry in this article: Create a journal entry in QuickBooks Online.
In case you need help with other tasks in QBO, feel free to click this link here. It has our general topics with articles. Just look for responses that fit your concern.
Drop a comment anytime if you have follow-up questions or concerns. I'll be around for you. Take care and have a good one.
