SettleWiseAccounting & QuickBooksAccount layer
AL-03Start from the truth

Set opening balances

The lodge started using Accounting mid-life. Accounts already had money or debt.

Track

Account layer

Phase

Start from the truth

Starts with

Balances from zero

Ends with

Balances from real start

Set and remove an opening balance on a test account.

Before you start

Sign in as
Owner, admin, or accounting with the Accounting add-on

Run the scenario

  1. 1AccountingSettleWise · Accounting → Balance → account

    Click Set opening balance, enter 100 and an as-of date, and save.

    Expected evidence

    The account balance rises by 100; Remove takes it back.

Scenario completed

Balances from real start

Account balance
Activity only→Opening plus activity

If it does not match

  • If the button is missing, your role cannot manage opening balances.