Creating an account with a starting balance

Question

Stan Busk · Accepted Answer

You can create an account with a starting balance two ways:
		 
		 1. Create the account with a starting balance using the 'Opening' field.

2. Create the account with no starting balance and then enter an opening transaction. An opening transaction is made using a startup account. If you create a document with the 'Home' or 'Office' account set, iCash creates the 'Start up capital' account automatically. Startup accounts are not taken into account when creating reports. An opening transaction using a Startup account looks like this:

Day
		 Type
		 Origin Account
		 Target account
		 Amount

18
		 Deposit
		 My Startup account
		 My checking account
		 500.00

Creating an account with a starting balance

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Creating an account with a starting balance

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