Missing equity:opening balances account?

[Allan]

I set up an empty new file, imported csv files to create my accounts, 
and I didn't have any opening balance TX. Edit account on the checking 
account didn't show the opening balance tab like New account did. So I 
created an Equity:Opening Balances account eventually by creating a new 
account with an opening balance in the tab.

Is that correct? The right way to create an opening balances account?

Allan