Sole trader opening balances

[rhc]

Hi,
If it is a opening balance go to your bank account>>More options>>Account settings and enter your opening balance. After that, create a journal for bank account and Capital introduced.

Journals

Introduction Journals offer a simple way to transfer funds from one nominal account to another. They are generally used by accountants and bookkeepers to quickly fix problems and close off accounting periods. Journals are entered in pairs and involve a simple debit and credit, one line representing a debit from a nominal account and another a credit to the opposing account. You can enter multiple pairs or groups on one single journal providing the amounts balance. How do I enter a journal? Y…

If you introduced the money later, you can do it as you did or tag it from your bank account as ‘something not on the list’ and select ‘capital introduced 3300’

Hope this helps