another "opening balances" question
Maf. King
maf at chilwell.net
Thu Mar 15 10:29:33 EDT 2012
On Thu 15 March 12 10:22:21 Bill Curran wrote:
> I have spent the last 3 hours trying to figure this out. I have several
> accounts setup and would, now, like to enter the opening balances. I
> open the account to the register as directed and enter an amount. But,
> then I am required to enter a transaction, a source of those funds
> (double entry). But there is no source but itself. How do I get the
> opening balances entered within the double-entry requirement?
>
> Briansdad
Hi Briansdad,
Transfer to/from the account Equity:Opening Balances. Should be set up as part
of the pre-defined accounts trees.
HTH,
Maf.
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