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How do i enter a beginning balance sheet in QB?

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how do i enter a beginning balance sheet in QB?
Submitted: 2 years ago.Category: Financial Software
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Answered in 39 minutes by:
3/1/2016
Tech Support Rep: PDtax, CPA firm owner replied 2 years ago
PDtax
PDtax, CPA firm owner
Category: Financial Software
Satisfied Customers: 5,069
Experience: Have used almost every software package available.
Verified

Hi from just answer. I'm PDtax, and can assist. There are two ways I know of to enter a beginning balance sheet.

The first is to enter beginning balances when you set up the chart of accounts. Hard to do, and easy to miss one.

The easier way is to enter an adjusting entry of the balance sheet on the date you start. That way you make sure the entry balances.

Thanks for asking at just answer. Positive feedback is appreciated. I'm PDtax.

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