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Examples of transactions that put money in an account

When creating a new account, if the account did not have an opening balance before your QuickBooks start date, you'll need to use a transaction to put money into the new account.

Types of transactions you can use to add money to the account include:

  • Starting a bank account with a deposit
  • Buying an asset with a check
  • Funding an equity account by transferring funds from your personal checking account to your business checking account
KB ID# H_COA_EXAMPLE_NO_OPEN_BAL_BEFORE_START_DATE
9/29/2016 1:25:05 AM
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