QB Issue Resolution:

Please learn from this input. There is no JE for this. You already have the proper tools = Banking menu > Enter Credit Card Charge. You avoid JE when you already have the Proper tools.

 

@dpic44

 

On this entry for your transition into QB, your first entry for the card where you already owe would be Enter Credit Card charge. On the Expenses tab, enter Equity, such as Prior Equity is Owner Equity or Retained Earnings or Shareholder Equity. Or, just pay it off personally and don’t put that entry into the business at all.

Resolution for Issue 'Credit card opening balance doesn’t apply to business' available: Yes (Solved).
Source: Intuit Community forum.

Credit card opening balance doesn’t apply to business: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

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