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Why is my Cheqbook balance different from my bank balance?



  • Anonymous 262f92dcf7

    Please add a link to "how to create an opening balance" as your last says to make a new one, but I can not find out how to make a new entry for an opening balance in either a linked or unlinked account.

  • Ben Ward

    You can create an opening balance by making a manual journal entry the day prior to your first transaction using the steps below.

    An example opening balance would have the following info

    Date: Day before your earliest transacation for that account

    Payee: Estimated Opening Balance

    Account: Opening Equity Balances - Unreconciled

    Amount: The closing balance on that day. This balance can be found in your bank statment.


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