Opening Balances
PaulR
Member Posts: 2
I have decided to join the WAVE and leave Quickbooks and have set everything up and it looks great.. But I can't figure out how to enter my opening balances for the Balance sheet.. There are only 3 amounts - Bank, one Liability & Shareholder Equity - so not complicated - Please someone advise me..
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Comments
Hey @PaulR! I'm thinking that this Help Center article here might do the trick! Sounds like you'll want to create accounts for each of those amounts, and then follow that guide to get you on the right track.
Thank you... Easy peasy...