How do I edit a new chart of accounts account that I set up with an incorrect beginning balance?

Hello there, @usermnpurkey.

I can guide you through editing an incorrect beginning balance in your chart of accounts.

Since you set up a new account, here's how you can modify the opening balance: 

1. From the Settings, choose Chart of Accounts.
2. Locate the account and select View register.
3. Find the opening balance entry. Tip: Sort the date column to show the oldest entries first.
4. Select the opening balance entry.
5. Edit the date, then the amount. If needed, select Edit to make your changes.
6. Click Save.

You may also visit this guide here to learn about entering and managing open balances for banks: Enter and manage opening balances in QuickBooks Online.

I will also add articles here that you can refer to for future use if you happen to want to reconcile, categorize, and match your banking transactions:

• Learn the reconcile workflow in QuickBooks
• Categorize and match online bank transactions in QuickBooks Online

I'm still all ears if you need further assistance with your accounts. Just add your reply below, and I'll circle back to help you.