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    Landmark's Avatar
    Landmark Posts: 1, Reputation: 1
    New Member
     
    #1

    Nov 3, 2010, 09:06 AM
    New bank acct
    Opening a new company file in Quickbooks. Not sure how to transfer bank balances. Debit to the acct and credit to what?
    twinkiedooter's Avatar
    twinkiedooter Posts: 12,172, Reputation: 1054
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    #2

    Nov 3, 2010, 03:59 PM

    Credit the balance from the other account to this account. List the name of the other account as who it was credited from.

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