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R
RobinF1
December 29, 2022
Question

Closed Bank accounts and expenses

  • December 29, 2022
  • 1 reply
  • 0 views

Hi There, 

I have multiple years of expenses to enter, what do I do when these were paid from bank accounts that have been closed or have never been used in QBO before?

 

1 reply

A
Amanda-B
December 29, 2022

Hey there RobinF1,

 

Thanks for reaching out to us here. Making sure you're recording your transactions properly is an essential step for maintaining clean books. I would be happy to point you in the right direction.

 

 To ensure accuracy in your books, I recommend reaching out to an accounting professional for expert advice on creating these types of transactions. They'll be able to guide you in choosing the correct transaction type as well as which accounts to affect so that your accounts can end up with the right balance. You can add your accountant to your books by going to the My Accountant tab of your QuickBooks account. You can also find an accountant that has experience using QuickBooks near you by clicking on the Find a pro to help option in that section.


If you have any other questions, feel free to reach out here.

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