Ans: The following are the steps to edit bank, credit, and other balance sheet accounts in QuickBooks Online 1. The first step is to choose the Chart of Accounts from the Company menu. 2. After that, click on New under the new window. 3. Click on account type: Bank or Credit Card. 4. You are required to enter all the required details. 5. And then, choose Enter opening Balance. 6. Write down the date and ending balance from your credit statements. 7. Finally, select Save & Close.