Opening Bank Balance
mekzt2
Member Posts: 1
I'm trying to add an opening bank balance. I added a journal transaction and debited the checking account and credited owner's equity. However, on the balance sheet, the opening balance is listed down in owner's equity and not in the checking account. How can I fix this?
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Comments
@mekzt2 Here are some instructions for creating opening balances for bank, credit, and non-payment accounts:
https://support.waveapps.com/hc/en-us/articles/208622796-Starting-balances-What-they-are-and-how-to-enter-them-in-Wave