How do I clear my cash entries for 2023? I tried journal entries and I still had the balance on my home page.

I appreciate you reaching out to this forum and sharing your query, GShive. 

Keeping track of your cash receivables and expense payables will help you ensure your financial books are accurate and correct. Since creating Journal Entries to write off the amounts in your account still had the balances on your page, it's best to consult with your accounting professional to provide additional guidance in handling these transactions seamlessly. They can assist you on how to clear off these entries and further perform necessary adjustments to the JEs you created. This way, your business financials stay balanced and perfect.

However, I'll also include additional insights when writing off old cash entries for the year 2023. If you wish to clear transactions from your Accounts Payable (AP)/ Accounts Receivable (AR), you can create a clearing account in your QBO. This is used to move money from one account to another account. To do this:

1. Go to Accounting on the left panel.
2. Select Chart of Accounts.
3. On the Chart of Accounts screen, click the New tab.
4. Choose Cash at bank and in hand an Account Type. You may choose any detail type you want for your clearing account.
5. Type in the Name for the clearing account.
6. Make sure you do not type in any amount on the balance before clicking Save and Close.

Once ready, create a Journal Entry and apply the clearing account. Here's how:

1. On the Plus icon, choose Journal Entry.
2. Add the AR or AP from which you are moving money.
3. Select the Clearing account.
4. Click Save.

Then, apply the JE to the existing balance.

1. Go to Expenses and choose Suppliers at the top.
2. Click on the supplier name, and look for the Bill to pay it.
3. Hit on the Make Payment button in the top-right corner. When the Bill Payment window opens, the Journal Entry will be under the Credits section.
4. Select the Bill and the Journal Entry to link them.
5. Then, click Save & Close.

In addition to that, you can run specific reports to track aging or uncleared transactions in your file. Once everything looks good, start reconciling your data to ensure all entries match your bank and credit card statements.

I'll always be available in this thread if there's anything else you need further assistance with when managing transactions in your account. Just keep me posted, so I can back you up whenever you require additional help. Take care and have a great weekend!