How do I add my opening balance?

Go to Settings – Financial years and OB, select the first year and click on Edit. Here, you enter the opening balance of the accounts and click on Save. Debit balances are written as positive and credit balances are written with a minus sign in front.

Note that you can only edit the opening balance the first year. When you conclude your first financial year and it is time to create the next one, the opening balances are transferred automatically.

Read more in the topic Financial year and OB settings.

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