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JustTel
24th May 2011, 13:14
When I first downloaded the TAS software and filled in the getting started info I entered my opening balance as £200 as I had already transferred this from my personal account to my business account.

I was wondering how to explain the opening balance? In hind sight I should have left it as £0 and then performed a transfer from my directors account. I think.

Thanks for your patience.

KM-Tiger
24th May 2011, 16:54
Just edit/change that journal, or delete it and make another.

It's one of TAS's strengths that you can, with comparative ease, edit and delete to correct the mistakes you inevitably will make.

An exception is invoices you have printed, but I believe that is the only one.