How do I set opening balance in checking account

David Carlson carlson.dl at sbcglobal.net
Fri Oct 19 05:41:26 EDT 2012


On 10/19/2012 4:25 AM, Chris Henderson wrote:
> Under Assets -> Current Assets, I have an account called Checking
> Account. How do I set opening balance for that? If I open this
> checking account and put $1,000 in Deposit, it shows transfer as
> Imbalance. I have also tried to edit the checking account but there
> seem no place to put the opening balance.
>
> Gnucash version 2.4.11 on OS X Mountain Lion.
>
> Thanks.
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There should be an account called Equity:Opening Balances.  If not,
create it and change the transaction to transfer from there instead of
Imbalance.

David C
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