Create an account with a starting balance

ㅤ1. Click the “plus” button on the right panel to create a new account:


ㅤ2. A window opens in which you need to select a currency, enter the name of the new account and, if necessary, specify the starting balance

For example, we deposit 7590 UAH and click “Add account”



Result: The account balance is 7590 UAH, although there are no transactions on the account yet.
The balance will be taken into account on the date of this account creation


ㅤ Deposit the starting balance to a previously created account


Let’s say that an account has been created in the service for a long time, but without the specified starting balance, or created with an incorrect starting balance amount and there is a need to edit the amount specified in the past

To do this:

1. Go to the edit menu on the invoice panel and select the desired invoice from the list


ㅤ2. In the “Starting balance” field, make the necessary changes

The starting balance can also be specified in a negative value, for example, UAH 6000



Result: adjusted the amount of the balance on the account by making changes to the starting balance of this account
The current balance will be taken into account on the date of account creation

ㅤEntering the opening balance as of a certain date

ㅤ1. Enter the income (or expense) transaction and specify the date of the transaction, for example, September 30, 2022

ㅤ2. Choose an account and specify the amount we need, for example, 50,000 UAH



ㅤ3. Add a tag to the “entering balances” transaction to exclude this transaction from Analytics when viewing reports



Result: we have entered the amount of the starting balance through a separate Income or Expense transaction
The current balance will be taken into account on the date we have specified in the attached payment