And what even is the “whole opening balance sheet”?
My company has been running for mora than 7 years now, so I just wanted to start things off from today - and choose to ignore the past to keep things simple…
Opening balances relate to something. For example if it was a switch from different accounting software and you added a bank opening balance. Then that money came from somewhere. It may have been sales, it could have been retained profit. Until you figure out what that opening balance is made up of it will sit in the suspense account.