Opening Balance & Bank
I have few queries,
1- I'm waiting the related party to provide me Opening Balance (as last financial year has yet to finalise). Can I start to post accounting entries for new financial year in QuickBooks Online without Opening balance?
2- If QuickBooks online allow posting without opening balance, how can I edit the Opening balance after that? By using Journal entry?
3- Can I not connect bank with QuickBooks Online? Any impact if posting banking entries manually?