How to modify the existing opening-balance journal entry of an account if the opening balance was incorrectly entered in Accounting Express, in Accounting Professional, or in Small Business Accounting

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Article ID: 897875 - View products that this article applies to.
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INTRODUCTION

This article describes how to modify the existing opening-balance journal entry of an account if the opening balance was incorrectly entered in Microsoft Office Accounting Express, in Microsoft Office Accounting Professional, or in Microsoft Office Small Business Accounting.

MORE INFORMATION

To modify the existing opening-balance journal entry, follow these steps:
  1. Point to Company Lists on the Company menu, and then click Chart of Accounts.
  2. Double-click the account to open the account register for that account.
  3. Double-click the Opening Balance transaction to view the Journal Entry form.
  4. On the toolbar, click Edit.
  5. Change the amounts in the Debit box and in the Credit box for the opening balance. Make sure that the debits are equal to the credits.
  6. Click Save and Close.
For more information about how to create new accounts, see the "Add an account" topic in Accounting Express Help, in Accounting Professional Help, or in Small Business Accounting Help.

Properties

Article ID: 897875 - Last Review: September 10, 2011 - Revision: 5.0
APPLIES TO
  • Microsoft Office Accounting Professional 2008
  • Microsoft Office Accounting Express 2008
  • Microsoft Office Accounting Professional 2007
  • Microsoft Office Accounting Express 2007
  • Microsoft Office Small Business Management Edition 2006
Keywords: 
kbhowto KB897875

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