Accounts in Quickbooks QBO – Need to balance the books
Looking to help someone in need (not me!) – just need to know the issues if I do this on scale
So QBO has, approx. 18 months of accounts. I have been ‘helping’ with their books over the last 12 months and it’s spot on with matching up with the bank feed.
Unfortunately the previous period from initial set up to my help has loads of double entries and so the balance between QBO and the bank is way out.
Can I basically just go in and delete those duplicates? i.e. removing the double spends etc so that QBO matches correctly to what has actually been transacted in the bank during that time period?
I know from my own QBO accounts that any change made to data in a previous VAT period gets ‘corrected’ on the current/next return.
Hope my query makes sense…..
Cheers muchly
Related
Why investing in women is a vital next step for…
Get Nadine White's Race Report newsletter for a fresh perspective on the week's newsGet our free newsletter from The Independent's Race CorrespondentGet our fre
Business secretary signals major shift on electric car policy to…
In a determined effort to retain Nissan’s manufacturing presence in Britain, Business Secretary Jonathan Reynolds has vowed to implement “substantial c
Joint Statement: Business Secretary and Fujitsu Services Ltd
Business and Trade Secretary Jonathan Reynolds today (Friday 7 March) met chiefs for Fujitsu in Tokyo to begin talks over the cost of redress for victims of th
UK foreign secretary backs multilateral defence funding for Europe
UK foreign secretary David Lammy has said that a new multilateral fund will be needed to secure Europe’s defence as he confirmed that Britain is “open to”
