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Level 7
January 20, 2019
Question

I forgot to put in my starting balance when i started can i do that now?

  • January 20, 2019
  • 1 reply
  • 23 views
No text available

1 reply

JessT
Moderator
January 21, 2019

Hello mandie-wolfclane,

 

It's okay if you forgot to enter your opening balance, you can record it even if you've already created transactions.

  1. Click on the Plus icon.
  2. Under Other, choose Bank Deposit.
  3. Choose your bank account and enter the correct date.
  4. In the ACCOUNT field, choose Opening Balance Equity.
  5. Enter the amount and click on Save and Close.

You can see this article for additional reference: Enter an Opening Balance for a Bank Account.

 

If need anything else, please go back to this thread.