QB Issue Resolution:

Same as vendors, you can add the contractors’ opening balance under the Vendor Information.

 

Here’s how:

 

  1. Select Expenses at the left pane.
  2. Tap on Vendors.
  3. Look for the contractor’s name under Vendor/Company.
  4. Click on the name to open.
  5. Hit Edit beside New transaction.
  6. To confirm that the vendor is a contractor, be sure that the box beside the Track payments for 1099 section.
  7. Add the opening balance under Opening balance and enter the date under as of.
  8. Save the changes.

You can also check this article for additional reference about entering customers/vendors opening balances: How to enter outstanding balances for customers and vendors.

 

If you have other concerns, just comment below or post again. I’m always here to help. Have a good day!

Resolution for Issue 'Is there any way i can input my contractors beginning balance the way i input for my vendors?' available: Yes (Solved).
Source: Intuit Community forum.

Is there any way i can input my contractors beginning balance the way i input for my vendors?: 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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