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amending starting balances

Isabel165Isabel165 Member Posts: 1

Can someone help me? and tell me. How can I amend the starting balance?

  • I moved from Quickbooks and there are serious mistakes in the starting balances. Can I amend - Thank you
in Using Wave

Comments

  • MikegMikeg Member Posts: 995 ✭✭✭

    Isabel165,
    You should create a journal entry. The entry would take all of the differences (debits and credits) so that after the entry, the amounts would agree. Since the Quickbooks accounts balanced, making all adjustments should have your journal entry balancing as well.

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