Setting Up Beginning Account Balances

  1. Open the Journal Entries form.
  2. In the Journal field, select General.
  3. Click Filter-in-Place.
  4. Select Actions > New.
  5. Create an entry for the first account's beginning balance. In the Reference field, specify Beginning Balance.
  6. Repeat steps 4 and 5 for each account for which you need to enter a beginning balance.
Note: You will not be able to post unless the debit amount equals the credit amount for each period.
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