The Starting Balances screen for Capital Accounts allows you to set up the opening balances for the capital accounts you have created under the Capital Accounts tab. This is essential when initializing your accounting records, ensuring that each capital account reflects its correct starting position.
To create a new starting balance for a capital account:
Click the New Starting Balance button on the Starting Balances screen.
You will be taken to the Starting Balance form for the capital account.
For detailed instructions on how to fill out the starting balance form, see Capital Account Starting Balance Form.