New Account Balance
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When entering a new account, you can enter the previous balance from a prior accounting system, if any, for each of the five invoice categories. This also updates the Day 1 previous balance for a new account. A minus amount means it is a credit balance.

newaccountbalance

To enter previous balances, from the Main Menu, click on Accounts / Transactions. Then click the dollar sign icon (mid screen) to display an account's Balances. Enter the accounts balances from the prior accounting system into the Current Previous Balance row. To edit the Day 1 balance, click on History at the top of the Account Menu and then click on the dollar sign icon. If there are no history transactions, the Day 1 Balance and the Current Previous Balance are the same.