Andre_P I've created an Asset account and I need to enter its Opening Balance as at a year ago. How do I achieve this? There doesn't seem to be the option to set an Opening Balance date in the Chart of Accounts Set-up screen.
Telephony Hi, Open the Chart of Accounts window > double click the account you are referring to > add the opening balance and click OK to save changes. Best regards,
Andre_P Many thanks. I hadn't realised until now that the Opening Balance is completely independent of date and will always be the very first transaction. Kind Regards