In Sage Accounting Individual, you can only add an opening balance for your bank account. You can’t add opening balances for customers, suppliers, or other accounts.

This is because Accounting Individual is for simple record-keeping. It focuses on tracking your income, expenses, and bank activity, rather than managing full account balances.

If you need to record opening balances for other accounts, consider upgrading to Sage Accounting (Start, Standard, or Plus). 

Add an opening balance

You can enter an opening balance when you create the account. If you don't have this information available when you’re setting up the account, add it later using Actions.

When you enter an opening balance on a bank account it shows in Draft transactions, where you can review and save.

Add an opening balance to an existing bank

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.