How to Edit Opening Balance in QuickBooks?

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How to Edit Opening Balance in QuickBooks?
by Dancing Numbers
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In financial terms, any credit or debit of funds
in ledger accounts brought forward in the new
accounting period is known as opening balance. In
other words, the starting point of the account is
an opening balance. It entails all the past
transactions that were in the account before it.
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In order to match the records from your bank to
your QuickBooks account, you may wish to sync
both of your accounts together for better
maintenance. In this article, it will be
explained how you can match the bank records from
QuickBooks from the start.
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Editing an Opening Balance in QuickBooks
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At times, we all make some mistakes. record
entries can be wrong as well. So what happens if
you enter a wrong opening balance in the
QuickBooks. All your record entries will not
match your bank transaction records. However, a
simple solution to this is to edit an incorrect
opening balance in QuickBooks
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• First of all, sign in to your QuickBooks account.
• Choose the Gear icon at the top corner, then
  click on Chart of Accounts.
• Locate the specific account, then click on the
  Action column
• Choose the View register tab (or the Account
  history).
• Search for the opening balance entry and Edit the
  amount.
• Select Save.

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