Hi team, how can I: Set the business starting date from 1/7/2021. Ignore my bank transactions before 1/7/21 and the bank balance on 30/6/2021 is the starting cash flow.

Hello vshadabi!

It's simple to edit the starting date. Let me help you.

First thing, let's exclude those transactions before July 1, 2021, by following these steps:

1. Go to the Banking/Transactions menu and select the bank account affected.
2. From the Categorised section, locate the transactions you want to ignore and click Undo.
3. Select the For review section. Find the same transactions, select them and tap Exclude.

Once done, they'll be transferred to the Excluded section and won't affect your data. If you manually recorded them, search and open those transactions. From the More option, click Delete. Please note that deleting an entry is irreversible.

If you didn't enter an opening balance when setting up the bank account, you can create a journal entry and use June 6 balance. If you did enter, simply edit the opening balance entry. However, please review first the new bank balance after excluding or deleting those transactions before you make additional adjustments and see if it matches the balance on June 6, 2021.

Here are the articles you can check. These will discuss more on how to edit your opening balance:

• What to do if you didn't enter an opening balance

• Fix issues the first time you reconcile an account

Need help in reconciling an account? Here's a link for you: Reconcile an account in QuickBooks Online.

I'll be here if you have additional concerns. Take care!