How to change beginning account balance
  • 10 Feb 2023
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How to change beginning account balance

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Article summary

There may be an instance where you notice that the beginning balance or opening balance for an account is incorrect.

Answer:
NOTE: By changing the beginning balances of accounts you are potentially changing the information that was sent out to Donors on a previous Fund Statement. You may also be altering what is shown on a published financial statement that auditors have previously approved.
 
  1. Go to File Maintenance > General Ledger > Enter opening GL Balances
  2. Search by account type or fund
  3. Enter the new value in the Beginning Balance column next to the account you want to change
  4. Click the Save button above the Fund ID column
  5. Click close




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