Editing Initial Balances


If, after entering transactions, you realize that you made an error in entering initial balance information, you may edit your initial balance amounts.

Any changes to the initial balance amount will appear in the Event Log.

  1. Navigate to the Settings cog and select “Chart of Accounts.”
  2. Edit the initial balance amount and then click “Submit”
  3. “Save Changes” and “Confirm” to finalize your changes.

Note: The initial balance amount will lock after each Asset account is reconciled for the first time.

This means that after you reconcile, you will not be able to change the initial balance amount from the Chart of Accounts.

If you attempt to change initial balances after the point of reconciliation, a small symbol will appear above the initial balance field, indicating that you are unable to edit the initial balance amount. The starting balance is also locked if you have uploaded your Finance data from Shepherd's Staff.