How Can I add my opening balance of accounts payable from different vendors. Do I have to enter each invoices with last year date or with opening balance date?

Hi there sh2295,

It's great to hear from you again. It looks like you're still getting set up with using QuickBooks Online, and I'd be happy to help you along with this process. I can absolutely show you how to add opening balances for your vendors.

At QuickBooks Online, we know that users might be starting in with the program mid-year or after coming over from another software, which is why the program has been designed to keep tasks like entering opening balances easy. When you're setting up your vendors, there's a field specifically for entering opening balances, which then acts as an open transaction that you can apply payments against when you need to. All it takes to do that is using the Pay bills feature, but first, here's a screenshot of the field you'll be looking for when creating a new supplier with an opening balance.

If you'd like to review the steps for creating a supplier, check out this article: Add a supplier. Note that this option is available to QuickBooks Online Essentials and Plus users since those are the versions of the software that handle entering and paying bills. QuickBooks Online EasyStart uses expenses and cheques for vendors exclusively, which are one-time payments that don't result in open balances. If you're using EasyStart and will need to handle bills, I recommend considering an upgrade of your QuickBooks Online subscription.

Here's a handy article that goes over the different kinds of transactions for suppliers: What is the difference between bills, cheques, and expenses?

Let me know if you'd like more clarification about that.