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Should I enter an opening balance for my company credit card account?

Yes! You should be able to find the opening balance information on your financial institution's credit card statement, using either the paper copy you receive in the mail, or the electronic version if you access your credit card account through your financial institution's Web site.

  • Find and use the last credit card statement you received before your QuickBooks start date.
  • If the account did not have a balance before your QuickBooks start date, create a transaction in QuickBooks to add money to the account (to have a record of the starting balance).

If you have any trouble finding the information, contact your financial agency.

See also

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