reversing journal entries?

Hi jdwj,

I'll take that you want to fix a debit and credit error on the journal entry. Thus, you'll want to create a reversing journal entry. I'm here to help how you can do so in QuickBooks Online.

Yes. QuickBooks Online lets you retrograde a journal entry. You can follow the steps laid out below:

1. From the Transactions tab, select Chart of accounts.
2. Locate the account you created the journal entry for.
3. Click View register.
4. Select the journal entry, then click Edit.
5. On the lower section, click Reverse.
6. Click Save.

Furthermore, I've added this article in case your accountant wants to make an adjusting journal entry: Make adjusting journal entries in QuickBooks Online Accountant.

Keep me posted whenever you have concerns about creating a journal entry.