How do I change the opening balance for an existing account?

Legacy KB ID: 418

Question

How do I change the opening balance for an existing account?

Answer

To change the opening balance in an existing account, use the following steps:

  1. From the Reckon Accounts Lists menu, choose Chart of Accounts.
  2. Open the appropriate account register by double-clicking the account name in the list.
  3. Find the opening balance transaction (it will likely be the first entry in the register), and click once to select it.
  4. If you are changing your company start date, edit the opening balance date to match your new start date.
  5. Click into the Amount field, and enter the correct opening balance.
  6. Click Record to save the change.
  7. If double-clicking the account name in Chart of Accounts opens a report rather than a register, Find the opening balance line item on the report, and QuickZoom (double-click) on it to open the transaction.
  8. Edit the date and amount fields as needed.
  9. Click Save & Close.

How did we do?

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