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New account, opening balance is 0

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  • New account, opening balance is 0

    My client opened up a new checking account with a 0 balance. He eventually deposited an amount but on the bank statement, the opening balance says 0. I haven't made any entries yet until I can figure out how to have the opening balance be the same as on the bank statement. (This is Quickbooks desktop.) Any help will be appreciated.

  • #2
    Entries in QB should mimic real life. Create the bank account with a zero balance, then enter the deposit

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    • #3
      Originally posted by Rustler View Post
      Entries in QB should mimic real life. Create the bank account with a zero balance, then enter the deposit
      Thank you. I wondered if that wouldn't be the solution after I posted here.

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