Add an opening balance

If you already have money in your bank account or a balance on your credit card, you can enter this as an opening balance when you create the account. If you do not have this information available when you’re setting up the account, you can add it later using Actions.

When you enter an opening balance on a bank account, it will appear in Draft transactions, where you can add a category and other details.

Want to know more? Read our Create transactions guide >

Add an opening balance to an existing account

1. From Banking, find the bank or credit card account you want to add an opening balance to.

2. Select Actions then Add opening balance.

3. Select Balance or Overdrawn balance and enter the Amount of the opening balance.

4. Select Save opening balance. You can edit this at any time.