I just started using Quick Books January 1, 2009. My accountant gave me some numbers to enter in various accounts (equity, fixed assets, payables, amort, deprec, ect.) from a trial balance worksheet. What are the "offsetting" accounts?
Recommend you use a quickbooks forum. This forum is used by ProSeries users and discussions are on tax preperation.
go to Quick Boobs and learn what "debits" and Credits" are
The trial balance worksheet should balance, by which I mean, there should be debits on the left side, and credits on the right. If you do a journal entry and enter what the accountant gave you, it should all balance out. Are there equity accounts listed on what was given to you?
