Opening statement balance is required when starting a reconciliation period. Enter the starting balance printed on the statement for the selected account and window, in the account’s displayed currency.
- Confirm the account and exact statement dates.
- Find the opening or beginning balance on that statement.
- Enter the amount accurately, including its sign when applicable, then compare it once more before submitting.
Do not substitute a convenient balance
The latest bank-feed balance, a manually recorded account opening value, and a prior report balance can describe different dates or scopes. They should not replace the statement’s opening amount without evidence that they are the same value for this window.
If the opening balance is missing from your file, obtain the complete statement or the necessary supporting evidence before starting the period. Entering zero merely to pass the required field creates a false starting point unless the statement actually starts at zero. Later matching cannot repair an unsupported opening balance by itself. After saving, the summary shows the opening amount so you can verify it alongside the recorded ending balance and difference. Correct a confirmed transcription error through Save statement balances and review the evidence again.
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