bank accoun: I AM TRYING TO MAKE JOURNAL ENTRIES FOR DEBT PAID PRIOR TO OPENING MY BUSINESS. CAN SOMEONE EXPLAIN HOW TO BALANCE THE DEBIT WITH CREDIT?
If you are making historical entries then the offset for a payment (credit) is either owner equity or a bank account. If you have already entered a starting balance for a bank account do not use that.
the above assumes you are taxed as a sole proprietor or partnership, and does […]
Resolution for 'bank accoun issue: 'I AM TRYING TO MAKE JOURNAL ENTRIES FOR DEBT PAID PRIOR TO OPENING MY BUSINESS. CAN SOMEONE EXPLAIN HOW TO BALANCE THE DEBIT WITH CREDIT?' available: Yes.
The bank accoun 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 bank accoun issue yourself by looking for a resolution described in the article. If it is a complex bank accoun issue or you are unable to solve the issue, you may contact us by clicking here or by using other bank accoun support options.
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