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sisterangeladljc
Level 1

Can I create classes with opening balances? I am just setting up QB online and some of my classes have a balance before the opening date of QB.

 
2 Comments 2
Maybelle_S
QuickBooks Team

Can I create classes with opening balances? I am just setting up QB online and some of my classes have a balance before the opening date of QB.

Glad to see you here in the Community, @sisterangeladljc.

 

In QuickBooks Online (QBO), the opening balance is set by account. We can include the class tracking in the opening balance by editing the transaction and add the class.

 

However, if it needs to be in a different class, you can edit it and divide it into multiple line items and classes.

 

You can check this link about entering the opening balance in QBO: Enter an opening balance for an account.

 

I've also added these articles about using classes and customizing reports in QBO:

Stay in touch with us if you have other questions. I'm always here to help. Take care!

Fiat Lux - ASIA
Level 15

Can I create classes with opening balances? I am just setting up QB online and some of my classes have a balance before the opening date of QB.

@sisterangeladljc 

Utilize an importer tool to import opening balances as journal entries with class.

https:// transactionpro.grsm.io/qbo

 

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