Please help me to set up opening stock in QB.

Hi there, 

It's great you're using QB Online to manage your inventory. QuickBooks Online has everything you need to manage your inventory. The program makes it easy to track what's on hand, get alerts when it’s time to restock, and see insights on what you buy and sell. I'll be happy to steer you in the right direction with this. 

First, you'll need to turn on inventory tracking and here's how:

1. Go to Settings ⚙ and select Account and Settings.
2. Select Sales.
3. Select Edit ✎ in the Products and services section.
4. Turn on Show Product/Service column on sales forms.
5. Turn on both Track quantity and price/rate and Track inventory quantity on hand.
6. Select Save and then Done.

For info on setting up the inventory, check out this helpful article: Set up and track your inventory. At this time, QB uses a perpetual inventory system which means you don't have opening and closing stock entries if you're using inventory items.

In case you need to adjust the quantity on hand, here's how: 

1. Go to the Plus icon.
2. Under Other, click Inventory Qty Adjustment.
3. Enter information as needed such as the date and the item.
4. Under Inventory adjustment account drop-down menu, choose the inventory account.
5. Click Save and close.

Once done, inventory count will be adjusted accordingly.

Give this a try and if you're still having issues, I recommend contacting our support team using this link.