Tips
Account Opening Balances window

General questions

  • How can I change the amount to be allocated?
  • I've just started my business -- do I need to use this window?
  • What are opening balances?
  • What if I finish making entries and there's still an amount to be allocated?
  • What should I enter for my Inventory asset account(s)?
  • What should I enter for my Retained Earnings account?
  • Where can I find opening balance amounts for my accounts?
  • Why doesn't my Current Year Earnings account appear in this list?

    • Multicurrency tips

  • One of my accounts should be in another currency -- what should I do?
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