The open balance and/or open balance date cannot be set for this account type.

The "account OpenBalance" field has an invalid value "1234.50". QuickBooks error message: The open balance and/or open balance date cannot be set for this account type.

Quickbooks Error 3210

In the Quickbooks SDK, when you create a balance sheet account, QuickBooks provides you with a field to enter the account's opening balance. If you did not enter the opening balance when you created the account, the manner in which you enter the balance later will depend on whether you have entered any transactions in the account.

Enter an opening balance for an account without transactions:

  1. In QuickBooks, click Lists>Chart of Accounts.
  2. Select the account for which you want to enter an opening balance, and then from the Edit drop-down list, select Edit account.
  3. Enter the Opening Balance and as of date, and then click OK to save the change.

Enter an opening balance for an account that has transactions:

  1. In QuickBooks, click Lists>Chart of Accounts.
  2. Select the account for which you want to enter an opening balance, and then from the Edit drop-down list, select Use Register.
  3. Complete the fields for the new transaction as follows:
    • Date: Date of the opening balance.
    • Number/Type: Leave blank.
    • Payee: (Optional) Type Opening Balance.
    • Account: Choose Opening Bal Equity.
    • Payment or Deposit: Enter the amount of the opening balance in the Deposit field if it is positive, or in the Payment field if it is negative.
  4. Click Record.
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