Question

How do you alter the starting balance for a bank account?

We set up a new bank account and need to change the start balance. How do you do that one the account is established?

You can modify the beginning balance by going to the Chart of Accounts page. Let me show you how:

In QBO, go to the Accounting menu at the left pane to get to the Chart of Accounts.
Locate the account on the list, then tick View register at the left pane.
Select the opening balance entry to expand the view.
In the Deposit column, edit the balance so it matches your bank records.
Hit Save and Yes to complete.

Once done, you can check out this article to learn more about the reconciliation workflow: Learn the reconcile workflow in QuickBooks.

Additionally, you might want to check out these articles on how to fix issues upon reconciling in the future:

You're always welcome to click the Reply button if you need further assistance. I'm always here to help. Stay safe always!

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