New Business needs to reflect old.
QuickBooks Canada : Pro 2012My last company quickbooks file was so large it failed, I had to create a new file with the same company using the last complete monthend trail balance. Everything is in balance with the exception that I have o/s cheques coming through this month from the prev month in the bank account. How do I record them without affecting my expense accounts. Do I take them of the open balance? and take the outstanding cheques off my the qb bank account's opening balance? I was to reconcile my qb bank account to my actual bank account.
