QuickBooks Banking: How to set up your opening bank balances in Quickbooks Accounting Software

One of the key advantages of QuickBooks Accounting Software in small business accounting system is that you can incorporate your banking transactions so that when the need to accurately track payments and deposit and reconcile your bank account arises, it will be easier to do.

When you want to set your business on QuickBooks, entering your bank's opening balances is the first task to perform.

Here are simple steps to setting up your bank account in QuickBooks Accounting Software.

During the course of entering your business information, VAT details, Customers and Suppliers, a window like this pops up.

1.      Use this window to setup all your company's bank accounts.

You can add all the bank accounts use, provided they are mean't to facilitate your business operations.

Click continue to proceed.