How to Fix an Inactivated Bank Account with a Balance in QuickBooks Online скачать в хорошем качестве

How to Fix an Inactivated Bank Account with a Balance in QuickBooks Online

Accidentally inactivated a bank account with a balance in QuickBooks Online? Don't worry—this video walks you through how to reactivate the account and fix any balance issues. When a bank account is made inactive with a balance, QuickBooks moves the remaining amount to Opening Balance Equity, which can cause reporting problems. Learn the correct way to restore and properly clear the balance in QuickBooks. What You’ll Learn: ✅ How to reactivate an inactive bank account in QuickBooks Online ✅ Where to find the transaction QuickBooks created to adjust the balance ✅ How to delete the automated adjustment and restore the account ✅ Proper ways to record the final balance (transfer, expense, deposit) ✅ Steps to make sure your financial reports stay accurate If you're dealing with an inactive bank account that still has a balance, this tutorial will help you clean up your records properly. Read the blog version with step-by-step instructions and screenshots at: https://www.gentlefrog.com/how-to-fix... 📢 Got Questions? Drop them in the comments! Need personalized help? Book a 1-on-1 QuickBooks training session: https://www.gentlefrog.com/meeting 🔔 Don’t forget to like, subscribe, and hit the bell for more QuickBooks tips! Are you a small business owner struggling to make sense of your QuickBooks data? Sign up for my FREE Review Your QuickBooks Mini-course and learn how to keep your QuickBooks accurate, up-to-date, and free from costly errors: https://courses.gentlefrog.com/review... ☕ If you found this video helpful you can say "thanks" by buying me a coffee... https://www.buymeacoffee.com/gentlefrog Connect with Rachel on LinkedIn:   / rachelbarnett   ☎️ 206-910-1945 📧rachel@gentlefrog.com Join Gentle Frog's Bookkeeping Lily Pad - Community Group:   / 1620775105117880   Check our reviews: https://www.gentlefrog.com/reviews/ Timestamps 00:00 - Intro 00:30 - Example inactive account 00:57 - Make active 01:52 - Remove opening balance equity entry 02:40 - Remove the balance 03:22 - Outro #quickbooksonline #BankAccounts #BookkeepingTips #QuickBooksHelp This content is for information purposes only and should not be considered legal, accounting, or tax advice, or a substitute for obtaining such advice specific to your business. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. Gentle Frog, LLC does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. Gentle Frog, LLC does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.