How to Edit Opening Balance in QuickBooks?
                     How to Edit 
Opening Balance 
in QuickBooks?
by Dancing Numbers
In financial terms, any credit or 
debit of funds in ledger accounts 
brought forward in the new 
accounting period is known as 
opening balance. In other words, 
the starting point of the account 
is an opening balance. It entails 
all the past transactions that 
were in the account before it.
In order to match the records from your bank to 
your QuickBooks account, you may wish to sync 
both of your accounts together for better 
maintenance. In this article, it will be explained how 
you can match the bank records from QuickBooks 
from the start.
Editing an Openi
ng Balance in Qui
ckBooks
At times, we all make some mistakes. 
record entries can be wrong as well. 
So what happens if you enter a wrong 
opening balance in the QuickBooks. All 
your record entries will not match your 
bank transaction records. However, a 
simple solution to this is to edit an 
incorrect opening balance in QuickBoo
ks
:
• First of all, sign in to your QuickBooks account.
• Choose the Gear icon at the top corner, then click on 
Chart of Accounts.
• Locate the specific account, then click on the Action 
column
• Choose the View register tab (or the Account history).
• Search for the opening balance entry and Edit the 
amount.
• Select Save.
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