Forum Message

Setting Up Cheque Account for Existing Company

Hi
I want to use solar accounts for an existing company with money in the bank. What transaction do I use to set up the bank account with the current amount of money held in the bank?



Posted by Henry Jemmeson on Mar 9, 2022 12:31 PM GMT

Hello Henry,

Since your bank account balance is carried forward from the previous
financial year, just set the opening balance of the Cheque Account to match
your bank balance.
To do that, double-click on 'Cheque Account' in the Accounts list.


Posted by Solar Accounts Customer Support on Mar 9, 2022 12:34 PM GMT