USA How to record the opening of a new bank account in quickbooks?

[mf250]

Two questions in quickbooks:

1/how do I record the opening of a new bank account in quickbooks?

2/how do i record a transfer from bank account a to bank account b in quickbooks?

Thank you!

 

[techno-umesh]

Hello friend...

1. Follow these easy stes to record the opening of a new bank account in quickbooks.

• A- Click on Chart of Accounts from the Company menu.
• B- in this window, right click and select 'New'.
• C- Then, choose the account type- Bank or Credit Card.
• D- On the 'Add New Account' Screen: Fill all the required details. Click Enter Openin Balance Button. ...
• E and final step - Click 'Save & Close'.

2. If you haven’t imported the transaction from your bank yet, the easiest way to record a transfer of funds is to use Transfer in QuickBooks. Here’s how to record a money transfer:

1. Select + New.
2. Select Transfer.
3. From the Transfer Funds From dropdown list, select the bank account that the money is coming from.
4. From the Transfer Funds To dropdown list, select the bank account that the money is going to.
5. In the Transfer Amount field, enter the amount being transferred.
6. Edit the Date field.
7. Enter a description of the transfer in the Memo field (optional).
8. Select Save and close or Save and new to complete the transfer.
9. Select Yes if you double checked the date.

Thanks